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Efficient market hypothesis (EMH) states that the price of a security (such as a share) accurately reflects the information available. When information arrives, how fast

Efficient market hypothesis (EMH) states that the price of a security (such as a share) accurately reflects the information available. When information arrives, how fast will an information about a share be captured and reflected in the share price depends on the degree of competition among market investors. List and briefly explain, in your own words, two variations of information.

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