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In Chapter 7 the concept of efficient markets is discussed. An efficient market is one in which there are many buyers and sellers analyzing securities,
In Chapter 7 the concept of efficient markets is discussed. An efficient market is one in which there are many buyers and sellers analyzing securities, and security prices react quickly to new information. How efficient do you think our stock market is? If it is not perfectly efficient, what prevents it from being so? What are ways to make it more efficient?
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