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Yakvenalex [24]
3 years ago
7

The fact that less than half of all equity fund managers beat the market in most years indicate that the stock market is _____.

Business
1 answer:
hoa [83]3 years ago
5 0

Answer: largely efficient

Explanation:

The fact that less than half of all equity fund managers beat the market in most years indicate that the stock market is largely efficient.

According to the strong-form hypothesis of the efficient market, when there is an efficient market, all the private and public information would be reflected in the prices of the stock.

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In the description section underneath the overview per the particular context is illustrated.

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3 years ago
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3 years ago
On January 1, Year 1, Zero Company obtained a $52,000, 4-year, 6.5% installment note from Regional Bank. The note requires annua
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$ 11,799 is the principal balance of the note payable.

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The  Interest expense for the installment note on the year of the December 31, year can be determined by the following equation that are mention below

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= $\ 3,380

Now the Principal balance  of the component in $15,179 payment of the  December 31, year 1  can be determined by the

principal\  and \ interest\ of \ note\ annual\  payments -   Interest\ expense \ for\  the\  installment\   note

= 15,179 -3,380

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3 years ago
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