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1) Describe the Theory of Efficient Markets. What is the primary notion of the Theory of Efficient Market? 2) Explain why being a residual claimant

1) Describe the Theory of Efficient Markets. What is the primary notion of the Theory of Efficient Market?
2) Explain why being a residual claimant makes stock ownership risky.
3) Do individual shareholders have an effective say in corporate governance matters?

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