Concept explainers
(A)
To determine:
Whether predictable risk premium shifting results in violation of the EMH
Introduction:
EMH which is known as
(B)
To determine:
How the cycle associated with decreasing and increasing of the risk premium creates an impression for the investor that the stock prices overreact.
Introduction:
Stock stands to be the general term which is taken into consideration for describing the company's ownership certificates. On the other hand share refers to the company's stock certificate. When a share of a particular company is held by an investor, he is known as a shareholder.
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