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Introduction
Describe the behavioral challenges in achieving efficiency.
Discuss the three forms of market efficiency.
What are the implications to corporate finance?
Would you consider the real estate market an efficient capital market? Please explain why or
why not.
Running head: CAPITAL MARKET EFFICIENCY
Capital Market Efficiency
Name
Institution
Date
1
CAPITAL MARKET EFFICIENCY
2
The capital market can be explained as a financial market in which equity-based
securities or long-term debts are bought as well as sold. For a given market to be efficient, the
share prices should have progressive data with clear information and exact time. The capital
market efficiency is generally determined by activities of a particular organization which entails
of the enlisting of the general data related to the important value security and security prices
(Akbas et al., 2016).
The b...

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