ESSAY ON: The Concept of an Efficient Market

Number of Pages 14

This research paper: Over the years many theorists have argued that the stock markets operate in a rational manner, and have sought to develop models to explain the movement of share prices on the stock market. The writer examines the concept of an efficient market, including efficient market hypothesis, and other models such as APT and CAPM in order to determine whether or not there is a strong argument that the stock market is efficient, or whether it is inherently inefficient and as such is likely to produce abnormal returns. Nineteen sources are cited in the bibliography this fourteen page paper.

File: TS14_TEstockEMH.rtf

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