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2) a) Suppose published weather forecasts could be used to predict stock price movements. Would this be evidence against the efficient markets hypothesis? b) Consider
2) a) Suppose published weather forecasts could be used to predict stock price movements. Would this be evidence against the efficient markets hypothesis? b) Consider two well-known investment strategies: strategy A earns consistently higher returns than strategy B, but the two strategies have the same Sharpe ratios. How can that be? Is this evidence against the efficient markets hypothesis
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