Corporate Finance
Corporate Finance
3rd Edition
ISBN: 9780132992473
Author: Jonathan Berk, Peter DeMarzo
Publisher: Prentice Hall
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Chapter 9.5, Problem 2CC
Summary Introduction

To determine: The implication of the efficient market hypothesis for a corporate manager.

Introduction: Efficient market hypothesis states that the competition will abolish all positive net present value (NPV) trade, which is equivalent in declaring that the securities with equivalent risk have the same expected returns.

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General Problems: Market volatility and bubbles. How can the problem of: Insider trading and market manipulation, Lack of transparency and information asymmetry, Inequality in access to capital, and Systemic risk from interconnected financial institutions be solved? How can practice or issue be improved?
If submitted image is blurr then  please comment i will write values. i will give unhelpful please.
What are capital markets, and what is the purpose of capital markets? What is the foundation of the study on capital markets coping methods and increasing self-understanding? What are the general problems of capital markets to be addressed, and what are the consequences arising from the capital market?
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