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Basic Question 1 of 15
What service do dealers provide?
B. Liquidity
C. Internal efficiency (low transaction cost)
A. External efficiency (prices adjust to new information rapidly)
B. Liquidity
C. Internal efficiency (low transaction cost)
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I just wanted to share the good news that I passed CFA Level I!!! Thank you for your help - I think the online question bank helped cut the clutter and made a positive difference.
Edward Liu
Learning Outcome Statements
describe types of financial intermediaries and services that they provide
CFA® 2024 Level I Curriculum, Volume 3, Module 1.