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2 years ago
Are markets moving toward being more efficient or toward being less efficient?
Textbook 

Financial Management: Principles and Applications


Edition: 13th
Authors:
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2 years ago
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Empirical evidence shows that since about the year 2000 pricing anomalies have diminished considerably. Hedge funds have been trying to exploit pricing inefficiencies, and by doing so, eliminate the inefficiencies. Hence, the market appears to be becoming more efficient over time.
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2 years ago
Thanks for helping me with my business management course
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