What is an efficient market why do efficient markets
1. What is an efficient market? Why do efficient markets benefit society?
2. Define arbitrage and the law of one price. What role do they play in our market system? What do we call the "one price" of an asset?
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1 what is an efficient market why do efficient markets benefit society2 define arbitrage and the law of
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1 northwest airlines applied mathematical models to determine which customers in its database were currently
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