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Explainwhat it means to have efficient capital market, including: Describe the behavioral challenges in achieving efficiency. Discuss the three forms of market efficiency. What are

Explainwhat it means to have efficient capital market, including:

  • Describe the behavioral challenges in achieving efficiency.
  • Discuss the three forms of market efficiency.
  • What are the implications to corporate finance?
  • Would you consider the real estate market an efficient capital market? Please explain why or why not.

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