An analyst does research about market efficiency. Which of the following statements least likely explains why a market mispricing may persist() A: Arbitrage is encouraged to produce riskless profits. B: A price discrepancy is insufficient large to leave the investor with a profit. C: Short selling is limited or restricted.
An analyst does research about market efficiency. Which of the following statements least likely explains why a market mispricing may persist() A: Arbitrage is encouraged to produce riskless profits. B: A price discrepancy is insufficient large to leave the investor with a profit. C: Short selling is limited or restricted.
1