Examlex
Every day around lunchtime,Rascal's Deli sends text messages advertising daily specials to customers on their GPS-enabled mobile phones.This is an example of:
Rational Security Pricing
The concept that the market prices of securities reflect all available information and are valued accordingly in an efficient way.
Constant-growth Dividend-discount Model
A method for valuing a stock by assuming that dividends grow at a constant rate indefinitely, used to estimate the stock's price based on future dividend payments.
Multifactor CAPM
Generalization of the basic CAPM that accounts for extra-market hedging demands.
APT
The Arbitrage Pricing Theory, a multifactor model used to determine asset returns based on the relationship between a financial asset's expected return and its risks.
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