Investments
Investments
11th Edition
ISBN: 9781259277177
Author: Zvi Bodie Professor, Alex Kane, Alan J. Marcus Professor
Publisher: McGraw-Hill Education
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Chapter 12, Problem 2PS
Summary Introduction

To determine: Security prices might be set efficiently.

Introduction:

The efficient market hypothesis is the modern financial theory, which reflects the information related to the price. In EMH, the stock should be traded at fair value.

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Efficient Market Hypothesis - EMH Explained Simply; Author: Learn to Invest - Investors Grow;https://www.youtube.com/watch?v=UTHvfI9awBk;License: Standard Youtube License