The notion that actual capital markets,such as the NYSE,are fairly priced is called the:
A)Law of One Price.
B)Efficient Market Hypothesis (EMH).
C)Laissez-Faire Axiom.
D)Open Markets Theorem.
E)Monopoly Pricing Theorem.

Question

Quizplus · Accepted Answer

The Efficient Market Hypothesis (EMH) states that prices of securities in financial markets reflect all publicly available information and are therefore fairly priced. This includes the NYSE and other actual capital markets.

The Notion That Actual Capital Markets,such as the NYSE,are Fairly