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A) In your opinion and citing evidence from class or the text, which anomaly is the hardest to reconcile with efficient markets, explain that anomaly,
A) In your opinion and citing evidence from class or the text, which anomaly is the hardest to reconcile with efficient markets, explain that anomaly, and explain why it is difficult to reconcile it with the EMH? B) In your opinion and citing evidence from class or the text, what is one example of an anomaly that is not difficult to reconcile with the efficient market hypothesis, explain the anomaly, and why you think it is easy to reconcile with the EMH? C) Why does saying stock prices follow a martingale imply that stock prices are hard to predict and why? D) If a market for a stock is semi-strong form efficient, when a company insider makes public information that was formerly secret about the company, what happens to asset prices? What if markets are strong-form efficient? What if markets are not efficient? A) In your opinion and citing evidence from class or the text, which anomaly is the hardest to reconcile with efficient markets, explain that anomaly, and explain why it is difficult to reconcile it with the EMH? B) In your opinion and citing evidence from class or the text, what is one example of an anomaly that is not difficult to reconcile with the efficient market hypothesis, explain the anomaly, and why you think it is easy to reconcile with the EMH? C) Why does saying stock prices follow a martingale imply that stock prices are hard to predict and why? D) If a market for a stock is semi-strong form efficient, when a company insider makes public information that was formerly secret about the company, what happens to asset prices? What if markets are strong-form efficient? What if markets are not efficient
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