Discuss the three forms of the efficient market hypothesis

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1. Discuss the three forms of the efficient market hypothesis. What is the security market line?

2. Please define and explain the primary disadvantage or each of the following capital budgeting methods and the alternative methods which rectify that disadvantage: Payback Period; NPV; and IRR.

3. Premier Corp. has net sales of $990,000, and cost of goods sold equal to 71 percent of net sales. Assume all sales are credit sales. If the firm’s accounts receivable total $126,000 and its operating cycle is 76.5 days, how much inventory does the firm have? (Round answer to nearest dollar, e.g. 5,275.)

Reference no: EM132040420

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