C 214
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1.	The stock price of a company increases and the market is deemed efficient. What assumption can be made? A. A new, patented, product was introduced to the market. 
B.	New machinery was purchased with a useful life of 20 years. 
C.	Management is optimizing its resources and operating efficiently. 
D.	Management hired new employees and invested in a training program. 
 
2.	Which statement is true about how the global market affects the U.S. 
A.	A bad options trade executed by a foreign subsidiar...
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C 214•C 214