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[CFA level 1模拟真题]Version 4 Questions-Q45

Q45. 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

 a

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thanks

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b

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B

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b

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b

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b

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D

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a

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