Under the efficient market hypothesis,in an open and developed securities market,the market price of a company's stock equals its true value.

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According to the efficient market hypothesis, the market price of a company's stock reflects all available information, including its true value. Therefore, in an open and developed securities market, the market price should equal the stock's true value. However, there may be instances of market inefficiencies or information asymmetry that can cause the market price to deviate from the true value in the short-term.

Under the Efficient Market Hypothesis,in an Open and Developed Securities