Cross rates. Fill in the missing cross rates and direct rates in the following table. International Cross Rates Country Euro Pound Peso Yen C$ Canada C$1.3703 ¥105.1043 Japan Мexico United Kingdom 10.7219 Pesos £0.5577 Euro €0.7531 United States

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Market Efficiency

Market efficiency refers to the market's ability to provide investors with all available information about investment options for buying and selling securities. Market efficiency reflects the true value of securities without undervaluing or overvaluing them. When the quality and quantity of information increase, the market becomes more efficient, allowing it to reduce arbitrage and obtain higher market returns from investment. In a well-functioning market, everyone receives all information completely and immediately at no cost. It opens up a plethora of opportunities for investors to access various investment options.