You invest $10,000 in the market at the beginning of the year, and by the end of

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You invest $10,000 in the market at the beginning of the year, and by the end of the year your account is worth $15,000. During the year the market return was 10 percent. Does this mean that the market is inefficient?

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Fundamentals of Investments Valuation and Management

ISBN: 978-0077283292

5th edition

Authors: Bradford D. Jordan, Thomas W. Miller

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Question Posted: Sep 19, 2012 04:37 AM

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You invest $10,000 in the market at the beginning of the year, and by the end of

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Fundamentals of Investments Valuation and Management

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