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Basic Question 3 of 13
In an efficient market, the market value and the intrinsic value of an asset should be ______.
B. substantially different
A. similar
B. substantially different
User Contributed Comments 2
| User | Comment |
|---|---|
| janglejuic | If this bs theory applied to the real world then it would be a really boring world |
| Antoinepo | calm down |
I used your notes and passed ... highly recommended!
Lauren
Learning Outcome Statements
describe market efficiency and related concepts, including their importance to investment practitioners
contrast market value and intrinsic value
explain factors that affect a market's efficiency
CFA® 2025 Level I Curriculum, Volume 3, Module 3.