Market imperfections do not necessarily imply that national securities markets are inefficient. Develop an argument as to why this is possible
What will be an ideal response?
Answer: A national securities market can be efficient in a domestic context and yet segmented in an international context. According to finance theory, a market is efficient if security prices in that market reflect all available relevant information and adjust quickly to any new relevant information. According to finance theory, a market is efficient if security prices in that market reflect all available relevant information and adjust quickly to any new relevant information.
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Market expansion approaches include opening more stores in the target market and/or keeping existing stores open for longer hours.
Answer the following statement true (T) or false (F)
Division A of Mocha Company has sales of $155,000, cost of goods sold of $83,000, operating expenses of $43,000, and invested assets of $150,000. What is the rate of return on investment for Division A?
A) 19.3% B) 48.0% C) 18.7% D) 5.47%
Giving an employee a merit-based pay raise is an example of ______.
A. respect B. service C. distributive justice D. altruism
A holder must actually have the instrument in his possession
a. True b. False Indicate whether the statement is true or false