问题
单项选择题
A security market with price continuity is most accurately characterized as a market which: （）
A. assets can be bought or sold quickly.
B. an asset’ s price reflects all available information about the asset.
C. Prices do not change much from one transaction to the next in the absence of new information.
答案
参考答案：C
解析：
A well-functioning securities market should possess price continuity; prices should not change much from one transaction to the next unless substantial new information affecting a security’s value becomes available.