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1.) Consider the mutual fund industry. What role do portfolio managers play? What are the difference between fundamental and technical securities analysis? 2.) What is

1.) Consider the mutual fund industry. What role do portfolio managers play? What are the difference between fundamental and technical securities analysis?

2.) What is capital market efficiency? What are its implications for investment performance in general? What are the implications for fund managers, if the market exhibits strong, semi strong, or weak efficiency?

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