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capital markets, since hybrid issues exist and continue existing, this article provides a review of all outstanding equity …: part one provides a brief description of some innovations in capital issuance; the second part provides a review of equity …
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This paper is concerned with empirical and theoretical basis of the Efficient Market Hypothesis (EMH). The paper begins with an overview of the statistical properties of asset returns at different frequencies (daily, weekly and monthly), and considers the evidence on return predictability, risk...
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