Harold and Gwendelyn ae engineers at Raytheon. Each has preserted e proposal to vac fatigue developmert in composites materlials irstaled on spedial-pupose airoat. Determine the absolute present worth of the more econonical plan iti-12% per year compourded money wlst Monthly MAC metsS per mont a aro's PlaCwendeys Pla bs.000 56.000 Semianul MBO ut per dn Selage valu ynar 3.000 .c00 h0.000 a The ellective intert e per month is b) The present worth forlalds Peni s Jo00 The present worth for Gaendelynis Plan is

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Market Efficiency

Market efficiency refers to the market's ability to provide investors with all available information about investment options for buying and selling securities. Market efficiency reflects the true value of securities without undervaluing or overvaluing them. When the quality and quantity of information increase, the market becomes more efficient, allowing it to reduce arbitrage and obtain higher market returns from investment. In a well-functioning market, everyone receives all information completely and immediately at no cost. It opens up a plethora of opportunities for investors to access various investment options.