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标题: 2008 CFA Level 1 － Sample 样题(2)－Q45 [打印本页]

作者: bingning 时间: 2008-5-27 15:08 标题: 2008 CFA Level 1 － Sample 样题(2)－Q45

45、Capital market efficiency is desirable, but there are limitations in achieving full market efficiency. Which of the following is least likely to be a limitation in achieving full capital market efficiency?

A. Cost of trading.

B. Survivorship bias.

C. Limits of arbitrage.

D. Cost of information.

[此贴子已经被作者于2008-11-7 13:18:06编辑过]

作者: bingning 时间: 2008-5-27 15:10 标题: 答案和详解回复可见！

A. Cost of trading.

B. Survivorship bias.

C. Limits of arbitrage.

D. Cost of information.

Correct answer = B

"Market Efficiency and Anomalies," Vijay Singal
2008 Modular Level I, Vol. 5, pp. 100-104
Study Session 13-55-a
explain the three limitations to achieving fully efficient markets
Survivorship bias is not a limitation in achieving market efficiency. It is a source of unreliability of a market anomaly. For example, the finding of market timing prowess on the part of certain investors may be the result of survivorship bias and not an example of market inefficiency that can be exploited.

作者: jadebaohui 时间: 2008-5-27 15:54

thx 4 that.

作者: fatiger 时间: 2008-5-29 09:24

k

作者: jzwx 时间: 2008-5-29 10:45

a

作者: 刀剑如梦 时间: 2008-5-31 16:08

真好

作者: isaisaisa 时间: 2008-5-31 23:49

b

作者: leeh 时间: 2008-6-3 17:23

uo

作者: tannyyu 时间: 2008-6-6 10:49

asddsad

作者: vivivin 时间: 2008-6-19 16:25

re

作者: lucylu 时间: 2008-7-31 14:58

thanks

作者: myguitar33 时间: 2008-10-20 14:30

good

作者: maxsimax 时间: 2008-10-21 23:27

thanks

作者: sun_kitty 时间: 2008-10-23 17:43

[em01]

作者: sun_kitty 时间: 2008-10-23 17:45

[em01]

作者: elea0930 时间: 2008-11-2 12:31

b

作者: sturtle 时间: 2008-11-7 09:08

b

作者: awei1005 时间: 2008-11-11 22:53

s

作者: slkly 时间: 2008-11-17 11:31

[em01][em01][em02]

作者: embarker 时间: 2008-11-17 11:42

b

作者: spring66 时间: 2008-11-18 15:53 标题: f

f

作者: lupinelp 时间: 2008-11-19 12:51

23

作者: wocaohorse 时间: 2008-11-21 05:54

b

作者: cafeciao 时间: 2008-11-23 19:15

[em01]

作者: tancynthia 时间: 2008-11-27 11:32

thx

作者: jzhang21 时间: 2008-12-1 14:29

xie xie

作者: xkgenius 时间: 2008-12-4 21:13

b

作者: kankanbaba 时间: 2009-2-1 06:32

作者: jasperdong 时间: 2009-2-11 16:14

efficiency

作者: johnheman 时间: 2009-2-21 11:49

ok

作者: eca01yj 时间: 2009-5-7 22:29

c

作者: cbnakata 时间: 2009-5-7 22:39

ding

作者: percy 时间: 2009-5-8 10:30

b

作者: Eglinton 时间: 2010-2-7 08:58

 tx

作者: xxjj564 时间: 2011-3-2 09:50

 a

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