Some good did come from the Internet bubble of the late 1990s.One good thing was that:
A) People learned they should not invest in dotcom companies.
B) Start-up companies found they could bypass venture capitalists and raise funds directly from the capital markets.
C) Stock market bubbles do not have to result in an inefficient allocation of resources.
D) The theory of efficient markets doesn't always hold and consistently better-than-market returns are achievable.
Correct Answer:
Verified
Q62: Why are stock market bubbles costly for
Q81: You have a value-weighted index made up
Q84: Explain why being a residual claimant can
Q94: Briefly explain the different focus of valuing
Q96: Which of the following could cause a
Q100: Stock market bubbles can lead to all
Q102: Identify the ways in which a bondholder's
Q110: After one year, a company will pay
Q112: From information presented in Chapter 8, you
Q116: You hear someone claim that stocks are
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents