Efficient capital markets and behavioural fincance
8 important questions on Efficient capital markets and behavioural fincance
How to make money through capital raising
2. Firms may reduce costs or obtain subsidies
3. Firms create new securities
Efficient market hypothesis emh
2. Firms should expect to receive fair value for securities they sell
Conditions that'll cause market efficiency
2. Independent deviations from rationality
3. Arbitrage
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Independent deviations from rationality
Weak form efficiency
Semi- strong efficiency
Strong form efficiency
Weak form efficiency implies that
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