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what does it mean for financial market to be considered (a) informationally efficient and (b) economically...

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Finance

what does it mean for financial market to be considered (a)informationally efficient and (b) economically efficient?

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aMarket efficiency means that the prices factor all publicly available information There is no way to beat the market The theory of efficient market hypothesis was developed by Fama and French Efficient market hypothesis states that the financial markets are informationally    See Answer
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what does it mean for financial market to be considered (a)informationally efficient and (b) economically efficient?

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