An "efficient capital market" is one where:
A)companies can easily and efficiently raise capital when needed.
B)regulatory bodies are doing a good job of controlling the sale of publicly available stock securities.
C)stock prices are set by the law of supply and demand.
D)stock market prices fully reflect all information available to the public.

Question

Quizplus · Accepted Answer

An efficient capital market is one where stock market prices fully reflect all information available to the public. This means that all market participants have access to the same information and can make informed decisions based on that information, resulting in the pricing of securities quickly and accurately.

An "Efficient Capital Market" Is One Where