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Crystallee2020-03-11 13:23:37

老师您好,原版书equity 72页第36题 A financial analyst is examining whether a country's financial market is well functioning. She finds that the transaction costs in this market are low and trading volumes are high. She concludes that the market is quite liquid. In such a market: A. traders will find it hard to make use of their information B. traders will find it easy to trade and their trading will make the market less informationally efficient. C. traders will find it easy to trade and their trading will make the market more informationally efficient. 答案是c,请老师帮忙解释一下,谢谢~

回答(1)

Vicky2020-03-11 13:52:35

同学你好,
C是正确的。
在流动的市场中,知情交易者更容易完成订单。这导致价格包含了这些信息,价格将更符合内在价值。他们的交易将使市场更具信息效率。

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