What does it mean for a market to be efficient?

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What does it mean for a market to be “efficient”?

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Fundamentals Of Financial Management

ISBN: 9780357517574

16th Edition

Authors: Eugene F. Brigham, Joel F. Houston

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Question Posted: Feb 27, 2024 03:12 AM

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What does it mean for a market to be efficient?

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In finance the term efficient market refers to a market where prices fully reflect all available information In an efficient market it is believed tha...View the full answer

Fundamentals Of Financial Management

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