9. What could most likely be one of the reasons why market price fluctuates continuously even in a totally efficient fin

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answerhappygod
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9. What could most likely be one of the reasons why market price fluctuates continuously even in a totally efficient fin

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9. What could most likely be one of the reasons why market price
fluctuates continuously even in a totally efficient financial
markets with respect to all information?
A) All stock investments are zero net present value B) New
information gets incorporated into prices C) The markets are
continually reacting to old information as that information is
absorbed. D) Trading activity is limited to take advantage of the
arbitrage opportunities E) None of the above since market price
would not fluctuate in a totally efficient market.
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