Question: e. What is the difference between allocation efficiency and efficient capital markets? f. What causes markets to be efficient? g. What are the forms or
e. What is the difference between allocation efficiency and efficient capital markets?
f. What causes markets to be efficient?
g. What are the forms or levels of capital market efficiency?
h. Why does a CEO or a CFO care about capital market efficiency?
i. What are the implications for the investor?
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