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In an efficient capital market Nobody can make profit in the markets Wrong doing in investment will not lead to a loss. The past history
In an efficient capital market
- Nobody can make profit in the markets
- Wrong doing in investment will not lead to a loss.
- The past history shows the capital markets were in the strong form efficiency
- The securities are fairly priced based on their corresponding risks.
- There will be no surprise in the market.
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Public Finance In Canada
Authors: Harvey Rosen, Beverly George Dahlby, Roger Smith, Jean-Francois Wen, Tracy Snoddon
3rd Canadian Edition
0070951659, 978-0070951655
