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What is an anomaly in finance? Give three examples of anomalies that academic research has uncovered in the past two decades (make sure and explain
- What is an anomaly in finance?
- Give three examples of anomalies that academic research has uncovered in the past two decades (make sure and explain these anomalies in detail.
- If markets are efficient what would you expect to happen to these anomalies after they were discovered?.
- What financial frictions might enable these anomalies to persist (make sure and cite frictions that apply to the anomalies in part 'b')?
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Entrepreneurial Finance
Authors: J. Chris Leach, Ronald W. Melicher
6th edition
1305968352, 978-1337635653, 978-1305968356
