- CFA Exams
- CFA Level I Exam
- Topic 5. Equity Investments
- Learning Module 3. Market Efficiency
- Subject 1. The Concept of Market Efficiency
CFA Practice Question
In an efficient market, the market value and the intrinsic value of an asset should be ______.
B. substantially different
A. similar
B. substantially different
Correct Answer: A
User Contributed Comments 2
| User | Comment |
|---|---|
| janglejuic | If this bs theory applied to the real world then it would be a really boring world |
| Antoinepo | calm down |