Finance Disscussion
In preparation for this week's discussion, students should read pages 335-341, chapter 12, in the course textbook. They should also study a number of the academic articles relating to market efficiency that are identified in footnotes to this reading.
Question: How efficient are capital markets? Explain.
Writing about 250 words with APA style if have references.
Text Book: "Fundamentals of Corporate Finance" by STEPHEN A. ROSS, RANDOLPH W. WESTERFIELD, BRADFORD D. JORDAN, GORDON S. ROBERTS. Eighth Canadian Edition ISBN-13: 978-0-07-105160-6, ISBN-10: 0-07-105160-0.