CFA Practice Question

There are 275 practice questions for this study session.

CFA Practice Question

Which of the following are characteristics of good financial markets for investors?

I. Availability of timely and accurate information
II. Liquidity
III. Large bid-ask spreads
IV. Rapid price adjustments to new information
A. I and IV only
B. I, II, and IV only
C. I, II, III, and IV

User Contributed Comments 1

User Comment
Dinosaur large bid to ask spreads would prob mean low liquidity
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