SET - 1
Q.1 Discuss the different forms of market efficiency. Answer: Forms of Market Efficiency A financial market displays informational efficiency when market prices reflect all available information about value. This definition of efficient market requires answers to two questions: „what is all available information?‟ & „what does it mean to reflect all available information?‟ Different answers to these questions give rise to different versions of market efficiency. What information are we t
Original Title
Security Analysis and Portfolio Management - 2012 Nov SEM
SET - 1
Q.1 Discuss the different forms of market efficiency. Answer: Forms of Market Efficiency A financial market displays informational efficiency when market prices reflect all availabl…