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Basic Question 4 of 13
What factors affect a market's efficiency?
II. Information availability
III. Security prices
IV. Limits to trading
V. Interest rates
I. The number of market participants and depth of analyst coverage
II. Information availability
III. Security prices
IV. Limits to trading
V. Interest rates
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I was very pleased with your notes and question bank. I especially like the mock exams because it helped to pull everything together.
Martin Rockenfeldt
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® 2024 Level I Curriculum, Volume 3, Module 3.