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Basic Question 0 of 7
Which statement is true?
II. Arbitrage activities contribute to market efficiency.
I. Trading limitations contribute to market efficiency.
II. Arbitrage activities contribute to market efficiency.
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I used your notes and passed ... highly recommended!
Lauren
Learning Outcome Statements
identify the relationships among a bond's price, coupon rate, maturity, and yield-to-maturity
CFA® 2025 Level I Curriculum, Volume 4, Module 6.