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Successful managers and investors understand the various financial markets and the investments these markets offer. A good understanding of potential gains and losses, as well as the risks of individual investments, cannot be separated from an equal understanding of the conditions and procedures under which financial markets operate.
The focus of this assignment on types of financial markets.
Assignment:
1. Find an article research and write an Executive Summary of 250 words on the Stock Market, especially stock exchanges and the IPO market.
2. The summary should include a complete description of the topic and an explanation of how that market or institution operates in the economy.
Question: (a) An efficient financial market is assumed to hold under the Capital Asset Pricing Model (CAPM). What is the main hypothesis of an efficient financial market? (
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