Traditional financial theories agree with the efficient market hypothesis which suggests human being is irrational.
查看答案
Financial assets can help investors allocate the risk and store wealth.
Initial public offering of shares and seasonal issues of shares are conducted in the secondary market.
Investors can buy Treasury Inflation Protected Securities (TIPS) to against inflation.
Investors will apply which theory of the following to allocate the capital?
A. Portfolio theory
B. Capital asset pricing model
C. Efficient market hypothesis
D. Security analysis