CFA Practice Question

There are 275 practice questions for this study session.

CFA Practice Question

Capital market efficiency is desirable, but there are limitations to achieving full market efficiency. Which of the following is least likely to be a limitation to achieving full capital market efficiency?
A. Information availability
B. Survivorship bias
C. Limits to trading
Explanation: These factors contribute to or impede the degree of efficiency in a financial market: the number of market participants, information availability, and limits to trading.

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