If financial managers are to achieve corporate goals, they require well-developed financial markets where transfer of wealth from savers to borrowers is efficient in both pricing and operational cost. Explain the meaning of: informational efficiency of financial markets.  Operational efficiency of financial markets.  Explain the benefits that are enjoyed by investors because of existence of capital market in Rwanda   All 3 question i have asked someone who doing accounting ,business or economics may answer   Thank you !

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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If financial managers are to achieve corporate goals, they require well-developed financial markets where transfer of wealth from savers to borrowers is efficient in both pricing and operational cost.
Explain the meaning of:
informational efficiency of financial markets. 
Operational efficiency of financial markets. 
Explain the benefits that are enjoyed by investors because of existence of capital market in Rwanda

 

All 3 question i have asked someone who doing accounting ,business or economics may answer

 

Thank you !

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