All equity markets are efficient, Sarah said.I disagree, said Chloe.Large cap-markets are efficient - but small-cap markets

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All equity markets are efficient," Sarah said."I disagree," said Chloe."Large cap-markets are efficient - but small-cap markets are not," she continued.Olivia went further."What about developing country markets.I think these are not efficient."What do you think?Is Sarah, Chloe or Olivia right? Or, are none of them right?Take a position and support it. (5 marks)

Posted Date: May 18, 2024 11:16 PM

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All equity markets are efficient, Sarah said.I disagree, said Chloe.Large cap-markets are efficient - but small-cap markets

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