Multiple Choice
Which of the following statements is not a market efficiency assumption?
A) Share price would adjust more rapidly to information contained in financial statements.
B) All information is available free of cost to all market participants.
C) There are no differences in the assessment of the implications of new information for the valuation of shares.
D) There are no transaction costs in trading securities.
Correct Answer:
Verified
Correct Answer:
Verified
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