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1. What is efficient market hypothesis? (EMH) 2. If you believe in the EMH, how would you invest in the stock market for the long

1. What is efficient market hypothesis? (EMH)

2. If you believe in the EMH, how would you invest in the stock market for the long term, at least 15 years? (Your strategy).

3. Explain the weak form of EMH?

4. Explain why a characteristic of an efficient market is that investments in that market have zero NPVs.

5. Explain the semi-strong form of EMH.

6. Explain the strong form of EMH

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