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[CFA level 1模拟真题]Version 4 Questions-Q40

Q40. Which of the following statements is most accurate? A continuous market most likely exists for a stock when

A. trading in the stock takes place at specified times.

B. Numerous dealers are willing to make a market in the stock

C. An overnight buildup of buy and sell orders for the stock occurs.

D. Significant new information about the company is released to market participants.

答案和详解如下:

Q40    B   Study Session   13-55-d

A continuous market is one in which trades can occur at any tune. When numerous dealers are willing to buy and sell for their own account, trades can occur at any time.

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选b

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[em01]

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see[em01]

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b

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b

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b

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see

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b

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