Answered: Which one is not an assumption of a…

Which one is not an assumption of a perfect capital market? No taxes No dividend distribution No inside information No transaction costs

Financial Reporting, Financial Statement Analysis and Valuation

8th Edition

ISBN:9781285190907

Author:James M. Wahlen, Stephen P. Baginski, Mark Bradshaw

Publisher:James M. Wahlen, Stephen P. Baginski, Mark Bradshaw

Chapter13: Valuation: Earnings-based Approach

Section: Chapter Questions

Problem 12QE

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Which one is not an assumption of a perfect capital market?
No taxes
No dividend distribution
No inside information
No transaction costs

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