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a) State that the efficient market hypothesis (EMH) is not necessary true? b) Of the three forms of EMH discussed in the chapter, which one
- a) State that the efficient market hypothesis (EMH) is not necessary true?
- b) Of the three forms of EMH discussed in the chapter, which one do you think makes more sense?
- c) According to the text, what does EMH has to say about managerial decisions?
- According to the text, how should the value of a non-constant growth stock be determined? And what are the steps
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