Describe the behavioral challenges in achieving efficiency


Question: Explain in 525 words what it means to have efficient capital market, including:

• Describe the behavioral challenges in achieving efficiency.

• Discuss the three forms of market efficiency.

• What are the implications to corporate finance?

• Would you consider the real estate market an efficient capital market? Please explain why or why not.

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Accounting Basics: Describe the behavioral challenges in achieving efficiency
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