In an externally efficient market, information is quickly and widely disseminated, thereby allowing each security's price to adjust rapidly in an unbiased ...
Efficient Market Model An efficient market is defined as one in which every security's price equals its investment value at all times. The investment value is ...
WHAT IS AN EFFICIENT MARKET? Allocationally efficient distributes funds to the most promising investments. MARKET EFFICIENCY. Externally efficient. distributes ...