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NEW QUESTION: 1
Which of the following is not a characteristic of an efficient market?
A. there are many competing investors.
B. market prices never over-adjust or under-adjust.
C. prices adjust rapidly to new information, and all available information is reflected in market prices.
Answer: B
Explanation:
An efficient market does not require all assets be correctly priced at all times. It merely requires that equilibrium (the correct price) be re-established reasonably quickly after new information arrives.
NEW QUESTION: 2
A. Option A
B. Option C
C. Option D
D. Option B
E. Option E
Answer: B,D
NEW QUESTION: 3
A. Option A
B. Option B
Answer: A
Explanation:
Explanation
The following indicates a correct solution:
* The function returns a nvarchar(10) value.
* Schemabinding is used.
* SELECT TOP 1 ... gives a single value
Note: nvarchar(max) is correct statement.
nvarchar [ ( n | max ) ]
Variable-length Unicode string data. n defines the string length and can be a value from 1 through 4,000. max indicates that the maximum storage size is 2