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What are the characteristics of an efficient market?
The word market efficiency refers to the speed, ease, and cost of trading securities. In a well-organized market, securities can be traded easily, rapidly, and at low cost. Markets lacking these qualities are referred to be inefficient.
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Your boss has worked in banking for many years, and has specialised during his career in lending to large and medium-sized companies. He must attend a meeting in a few days' time t
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discuss the meaning and advantage of captive insurance
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