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In general, whaIn general, what does it mean for a financial market to be efficient? Would most securities be fairly priced, or would there be a lot of mispricings? Would it be easy or difficult for traders to “beat the market”? does it mean for a financial market to be efficient? Would most securities be fairly priced, or would there be a lot of In general, what does it mean for a financial market to be efficient? Would most securities be fairly priced, or would there be a lot of mispricings? Would it be easy or difficult for traders to “beat the market”?? Would it be easy or difficult for traders to “beat the market”?

          In general, whaIn general, what does it mean for a financial market to be efficient? Would most securities be fairly priced, or would there be a lot of mispricings? Would it be easy or difficult for traders to “beat the market”?
 does it mean for a financial market to be efficient? Would most securities be fairly priced, or would there be a lot of In general, what does it mean for a financial market to be efficient? Would most securities be fairly priced, or would there be a lot of mispricings? Would it be easy or difficult for traders to “beat the market”?? Would it be easy or difficult for traders to “beat the market”?

Added by Frederick M.

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