Create an Account

Already have account?

Forgot Your Password ?

Home / Questions / Which of the following is NOT an assumption of market efficiency A Instruments denominated...

Which of the following is NOT an assumption of market efficiency A Instruments denominated in other currencies are perfect substitutes for one another B Transaction costs are low or nonexistent

Which of the following is NOT an assumption of market efficiency?
A) Instruments denominated in other currencies are perfect substitutes for one another.
B) Transaction costs are low or nonexistent.
C) All relevant information is quickly reflected in both spot and forward exchange markets.
D) All of the above are true.

Apr 19 2021 View more View Less

Answer (Solved)

question Subscribe To Get Solution

Related Questions