There is an intuitive notion that most individual stocks or bonds move with the aggregate market. Therefore,
Fantastic news! We've Found the answer you've been seeking!
Question:
There is an intuitive notion that most individual stocks or bonds move with the aggregate market. Therefore, if the overall market rose, an individual's portfolio probably also increased in value. To supply investors with a composite report on market performance, some financial publications or investment firms have developed stock market and bond market indexes." Give an account of
i.Uses of security market indexes
ii.Efficient capital market
iii.Assumptions of capital market.
Related Book For
Foundations of Financial Management
ISBN: 978-1259024979
10th Canadian edition
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
Posted Date: