What is the consequence of investors exploiting non-zero alpha stocks for the efficiency of the market portfolio?

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Corporate Finance

ISBN: 9780132992473

3rd Edition

Authors: Jonathan Berk, Peter DeMarzo

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Question Posted: Mar 07, 2024 01:00 AM

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What is the consequence of investors exploiting non-zero alpha stocks for the efficiency of the market portfolio?

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The consequence of investors exploiting nonzero alpha stocks for the efficiency of the market portfolio depends on the extent and consistency of such ...View the full answer

Corporate Finance

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