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Basic Question 0 of 13
What service do dealers provide?
B. Liquidity
C. Internal efficiency (low transaction cost)
A. External efficiency (prices adjust to new information rapidly)
B. Liquidity
C. Internal efficiency (low transaction cost)
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Edward Liu
Learning Outcome Statements
calculate and interpret major return measures and describe their appropriate uses
CFA® 2025 Level I Curriculum, Volume 1, Module 1.