In an efficient market, securities are typically in equilibrium, which means that they are fairly priced and that their expected returns equal their required returns.

Question

Quizplus · Accepted Answer

In an efficient market, securities are typically in equilibrium, meaning that their prices reflect all available information, which leads to fair pricing and expected returns that equal their required returns. Therefore, the statement is true.

In an Efficient Market, Securities Are Typically in Equilibrium, Which