question archive In an efficient financial market, share prices are expected to follow a "random walk"

In an efficient financial market, share prices are expected to follow a "random walk"

Subject:FinancePrice: Bought3

In an efficient financial market, share prices are expected to follow a "random walk". What is the random walk? Clearly explain why we expect prices to follow a random walk in an efficient market?

pur-new-sol

Purchase A New Answer

Custom new solution created by our subject matter experts

GET A QUOTE