Sula

Semi-Strong Form Efficiency Definition.

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The semi-strong form efficiency definition posits that all publicly available information is fully reflected in a security’s price. This means that the current market price of a security reflects all relevant information that is publicly available. The semi-strong form of efficiency is stronger than the weak form, which only states that past prices are reflected … Read more

Understanding Flotation Cost.

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Flotation costs are the costs associated with issuing new securities. These costs include underwriting fees, legal fees, and accounting fees. Flotation costs can be a significant expense when a company is issuing new securities, and can have a significant impact on the overall cost of financing a transaction. Are flotation costs tax deductible? Yes, flotation … Read more