Explain the meaning of an efficient market. What is meant by the following terms: weak-form efficiency, semistrong-form

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Explain the meaning of an efficient market. What is meant by the following terms: weak-form efficiency, semistrong-form efficiency and strong-form efficiency? Which form is the most important to accounting research? Why?

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Accounting Theory

ISBN: 9780470818152

7th Edition

Authors: Jayne Godfrey, Ann Tarca, Allan Hodgson, Jane Hamilton, Scott Holmes

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