- CFA Exams
- CFA Level I Exam
- Topic 5. Equity Investments
- Learning Module 38. Market Efficiency
- Subject 1. The Concept of Market Efficiency
CFA Practice Question
The ______ of an asset represents the interaction of supply and demand of the asset.
A. market value
B. intrinsic value
C. true value
Explanation: The market value is the price at which the asset can be bought or sold.
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