The Theory of Efficient Markets-14863
The Theory of Efficient Markets:
This multiple choice question (MCQ) is related to the book/course vu mgt411 Money & Banking. It can also be found in vu mgt411 Final Term - Quiz No.3.
The Theory of Efficient Markets:
Allows for higher than average returns if the investor takes higher risk
Says Insider-information makes markets less efficient
Rules out high returns due to chance
Assumes people have equal luck