The valuation techniques presented in the chapter can only be applied to the stock market in the United States,since the U.S.stock market is inefficient.

Question

Quizplus · Accepted Answer

The statement is false. The valuation techniques presented in the chapter can be applied to stock markets in other countries as well. While the efficiency of markets can vary, the concepts and principles of valuation remain the same regardless of the market.

The Valuation Techniques Presented in the Chapter Can Only Be