|
Title: Which of the following is the best statement of the efficient markets hypothesis? Post by: seeb1999 on Jul 7, 2019 Which of the following is the best statement of the efficient markets hypothesis?
▸ Investors with information that a stock had a positive net present value (NPV) will buy it, while investors with information that a stock had a negative net present value (NPV) will sell it. ▸ Investor's decisions are dependent on complete current information of a firm's cash flows and accurate predictions of future cash flows. ▸ A share's price is the aggregate of the information of many investors. ▸ Competition between investors works to make the net present value (NPV) of all trading opportunities zero. Title: Which of the following is the best statement of the efficient markets hypothesis? Post by: Mtoney9 on Jul 7, 2019 Competition between investors works to make the net present value (NPV) of all trading opportunities zero.
|