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Basic Question 0 of 5
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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Colin Sampaleanu
Learning Outcome Statements
describe how swap contracts are similar to but different from a series of forward contracts
contrast the value and price of swaps
CFA® 2025 Level I Curriculum, Volume 5, Module 7.