Which of the following are essential characteristics of financial markets?

(A) Price continuity and depth

(B) Liquidity and marketability

(C) Normative governance and regulation

(D) Timely and accurate information flow

(E) Minimum transaction cost and informational efficiency

Choose the most appropriate answer from the options given below:

1
(A), (B) and (C) only
2
(C), (D) and (E) only
3
(B), (C) and (D) only
4
(A), (B), (D) and (E) only

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