Markets that have prices adjusting quickly to new information to reflect the impact of that information on the security is known as:
A) risk-free.
B) liquid.
C) self-fulfilling.
D) efficient.

Question

Quizplus · Accepted Answer

Efficient markets are characterized by prices that adjust quickly to new information, reflecting the impact of that information on the security's value. This concept is central to the Efficient Market Hypothesis.

Markets That Have Prices Adjusting Quickly to New Information to Reflect