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Financial Markets: Discuss the importance of market efficiency and explain why some markets are more efficient than others

Financial Markets: Discuss the importance of market efficiency and explain why some markets are more efficient than others

 

  • Discuss the importance of market efficiency and explain why some markets are more efficient than others.
  • Explain the distinction between a stock’s price and its intrinsic value, then discuss the two models that can be used to estimate a stock’s intrinsic value.