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Basic Question 0 of 14
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 am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.
Andrea Schildbach
Learning Outcome Statements
describe features of commodities and their investment characteristics
analyze sources of risk, return, and diversification among natural resource investments
CFA® 2025 Level I Curriculum, Volume 5, Module 5.