Quiz_4 - Question1 10/10points

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Question 1 10 / 10 points
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a) all of the above.  b) the term  structure of  interest rates.  c) bond prices.  d) the demand for  assets. e) the risk structure  of interest rates.  Question 2 10 / 10 points According to the efficient market hypothesis, the current price of a financial security  a) is determined by the  highest successful  bidder.  b) is the discounted net  present value of future  interest payments. c) fully reflects all available  relevant information.  d) is a result of none of the  above.  Question 3 10 / 10 points If the optimal forecast of the return on a security exceeds the equilibrium return, then  a) an unexploited  profit opportunity  exists.  b) the market is  inefficient.  c) the market is in  equilibrium. d)
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Quiz_4 - Question1 10/10points

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