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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 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.