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When One Hears That There Is an "Opportunity for a Stock

Question 21

Multiple Choice

When one hears that there is an "opportunity for a stock investment free lunch"in emerging markets, this means:


A) emerging markets have a higher level of efficiency than U.S. equity markets.
B) emerging markets have less market efficiency than U.S. equity markets.
C) it might be possible to profit by taking advantage of new information found on companies traded in emerging markets.
D) both b and c.

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