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a. If you believe the Efficient Market Hypothesis, is hiring a financial advisor a reasonable thing to do? Why or why not? b. Under what
a. If you believe the Efficient Market Hypothesis, is hiring a financial advisor a reasonable thing to do? Why or why not?
b. Under what circumstances does the APT suggest asset returns will be driven by exposure to systematic risk factors?
c. Why do event studies usually examine abnormal returns instead of actual returns?
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