What is the role of accounting in an efficient market?    Is it worth investing the time and money to beat the market?  Does it help to conduct financial statement analysis?  Should market be timed?

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter4: Financial Planning And Forecasting
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What is the role of accounting in an efficient market?  
 Is it worth investing the time and money to beat the market?  Does it help to conduct financial statement analysis?  Should market be timed?

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