Examlex
Briefly outline the three main forms of market efficiency under the EMH.
Market Rate Of Interest
The prevailing rate at which borrowers and lenders agree to transact, typically influenced by supply and demand in the financial markets.
Present Value
The today's value of money or cash flows to be received in the future, factored by a particular rate of return.
Oil Reserve
Quantities of crude oil that are held underground or in storage, available for extraction and use.
Market Rate Of Interest
The prevailing rate at which interest is paid by borrowers for loans or earned by investors in the marketplace, determined by supply and demand forces.
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