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What type of rock would you form in this environment,showing a dried up lake bed?
Strong-Form Efficient
A market hypothesis that assumes all information, both public and private, is completely factored into stock prices at all times, making it impossible to consistently achieve higher returns.
Insider Information
Confidential information about a company that has not been made public, which can give an advantage in financial trading.
Net Present Value
A method used in capital budgeting to evaluate the profitability of an investment or project by calculating the total value of its future cash flows discounted back to their present value.
Nominal Rate
The interest rate stated on a loan or investment agreement before any adjustment for inflation or other factors.
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