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(a) Discuss the following statement. If prices are likely to increase as decrease, why do investors, earn positive returns from the market on average? (5

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(a) Discuss the following statement. If prices are likely to increase as decrease, why do investors, earn positive returns from the market on average? (5 marks) Click or tap here to enter text. (b) A successful firm like Microsoft has consistently generated large profits for years. Is this a violation of the efficient market hypothesis? Discuss. (5 marks) Click or tap here to enter text

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