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AAFM Chartered Wealth Manager (CWM) Certification Level II Examination CWM_LEVEL_2 Question # 115 Topic 12 Discussion

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AAFM Chartered Wealth Manager (CWM) Certification Level II Examination CWM_LEVEL_2 Question # 115 Topic 12 Discussion

CWM_LEVEL_2 Exam Topic 12 Question 115 Discussion:
Question #: 115
Topic #: 12

Section B (2 Mark)

Markets would be inefficient if irrational investors __________ and actions of arbitragers were __________.
A.

Existed; unlimited

B.

Did not exist; unlimited

C.

Existed; limited

D.

Did not exist; limited

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Actual exam question for AAFM CWM_LEVEL_2 exam by Rael8510 at Aug 3, 2025, 12:00:00 AM

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