1. EFFICIENT MARKETS, INVESTMENT VALUE AND MARKET PRICE 2. DEMAND AND SUPPLY HOW IS THE DEMAND FORSECURITIES DETERMINED? Definition : the demand for a security is a schedule…
Slide 1 CHAPTER FOUR EFFICIENT MARKETS, INVESTMENT VALUE AND MARKET PRICE Slide 2 DEMAND AND SUPPLY n HOW IS THE DEMAND FOR SECURITIES DETERMINED? Definition: the demand…