QUESTION 8 Which of the following about conventional finance and behavioural finance is correct? a. Conventional finance believes fundamental analysis or technical analysis could be used to earn abnormal returns. • Behavioural finance believes the financial market is efficient. C. Behavioural finance believes prices are correct and equal to intrinsic value. d. · Conventional finance argues that investors can process information correctly and make rational decisions. e. Behavioural finance claims that price can deviate from fundament value but will not last for an extended period.

QUESTION 8 Which of the following about conventional finance and behavioural finance is correct? a. Conventional finance believes fundamental analysis or technical analysis could be used to earn abnormal returns. • Behavioural finance believes the financial market is efficient. C. Behavioural finance believes prices are correct and equal to intrinsic value. d. · Conventional finance argues that investors can process information correctly and make rational decisions. e. Behavioural finance claims that price can deviate from fundament value but will not last for an extended period.

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter16: Working Capital Policy And Short-term Financing

Section: Chapter Questions

Problem 2P

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