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A market can be said to be efficient when Intrinsic stock price is solely determined by market speculation and not influenced by financial data. Stocks
A market can be said to be efficient when
Intrinsic stock price is solely determined by market speculation and not influenced by financial data.
Stocks prices reflect their intrinsic values
Stock prices are constant unaffected by news
Intrinsic stock price relies exclusively on shortterm market fluctuations rather than longterm fundamentals
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The Re Emergence Of Global Finance
Authors: G. Burn
1st Edition
023000198X, 978-0230001985
