On average, the only return that is earned is the
required return-investors buy assets with returns in
excess of the required return (positive NPV), bidding
up the price and thus causing the return to fall to the
required return (zero NPV); investors sell assets with
returns less than the required return (negative NPV),
driving the price lower and thus the causing the
return to rise to the required return (zero NPV).
why investment in financial market have zero NPV? where as firms can find many investments in their product markets with positive NPVs.
wala pepeng ma baho by: efawy
what are the types of market efficiency in nigeria?
What are the Fundamental characteristic of the market system?
Efficient-market hypothesis was created in 1900.
what is meant by the expression efficient market.briefly explain the different forms of efficient market
why investment in financial market have zero NPV? where as firms can find many investments in their product markets with positive NPVs.
wala pepeng ma baho by: efawy
what are the types of market efficiency in nigeria?
What are the Fundamental characteristic of the market system?
replacement investments expansion investments product-line or new market investments investments in safety and/or environmental projects strategic investments other investments
Efficient-market hypothesis was created in 1900.
As of July 2014, the market cap for IFM Investments Limited (CTC) is $19,629,335.02.
As of July 2014, the market cap for SEI Investments Company (SEIC) is $6,027,812,187.34.
An efficient market is one in which the buyer and the seller gets what they want at a good price. An efficient market doesn't have to include an exchange of money.
if interest rates decline, the underlying mortgages will be prepaid, thereby, reducing the cash flows from interest payments, and the value of these investments will decline. Because of the volatility of these investments
0 what are characteristics of efficient market hypothesis?