In an efficient capital market,searching for ________.
A) overpriced securities is fruitless
B) underpriced securities is fruitless
C) securities with high dividend yields is fruitless
D) low risk securities is fruitless

Question

Quizplus · Accepted Answer

In an efficient capital market, all securities are fairly priced based on available information, making the search for underpriced securities fruitless because it's assumed that all known information is already reflected in the stock prices.

In an Efficient Capital Market,searching for ________