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Market Efficiency and Facebook

Wow  Facebook Inc. is all set for its initial public offering price range of between the high-$20s to the mid-$30s per share, The Wall Street Journal reported Thursday, citing unnamed sources. The...

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Market Efficiency & its forms

Lets pick up from yesterday post. Empirical tests of the efficiency of capital markets have examined the extent to which the prices of securities reflect relevant information, i.e. pricing efficiency,...

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