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𝗔𝗿𝗲 𝗖𝗿𝘆𝗽𝘁𝗼𝗰𝘂𝗿𝗿𝗲𝗻𝗰𝘆 𝗘𝘅𝗰𝗵𝗮𝗻𝗴𝗲𝘀 𝗥𝗲𝘀𝗽𝗼𝗻𝘀𝗶𝗯𝗹𝗲 𝗙𝗼𝗿 𝗖𝗿𝘆𝗽𝘁𝗼 𝗣𝗿𝗶𝗰𝗲 𝗙𝗹𝘂𝗰𝘁𝘂𝗮𝘁𝗶𝗼𝗻𝘀? Price differences exist because markets are not truly efficient. Meaning the price…