Capital Market Efficiency Purpose of Assignment The purpose of this assignment is to allow the student an opportunity to explain what it means to have an efficient capital market.
Students will gain an understanding of the different levels of market efficiency and how behavioral finance can inhibit reaching market transparency.
Assignment Steps
Resources: Microsoft Word
Explain in 525 words what it means to have an efficient capital market, including:
Describe the behavioral challenges in achieving efficiency.
Discuss the three forms of market efficiency.
What are the implications for corporate finance?
Would you consider the real estate market an efficient capital market? Please explain why or why not.