Assumptions of Perfect Capital Market
The assumptions of perfect capital market are enumerated below : -
- No transaction (brokerage) costs,
- No taxes,
- No cost to obtain information,
- No cost with financial distress,
- Large number of buyers and sellers, so the traded security's prices is affected with no one buyer or seller,
- Both individuals and firms have equal access to market,
- Every on has the same expectations,
Source: Here
My picks: Books on Financial Management.
Hello my friend! I would like to tell you that this write-up is awesome, great written and include almost all important info. I recently came to know about NCCPL, their Capital Market are very effective.
ReplyDeleteCapital Market