In an efficient market all securities should have:
A) Equal returns for the same time period
B) Equal risk-adjusted returns
C) Equal inflation-adjusted returns
D) All of the above
E) None of the above

Question

Quizplus · Accepted Answer

In an efficient market, securities are expected to have equal risk-adjusted returns, meaning that the returns should be proportional to the risk taken.

In an Efficient Market All Securities Should Have