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Explain what the Efficient Market Hypothesis (EMH) is and its implications. Define the three forms of EMH. Do you agree with the idea of market
- Explain what the Efficient Market Hypothesis (EMH) is and its implications. Define the three forms of EMH. Do you agree with the idea of market efficiency? Explain why or why not.
- Outline one advantage and one disadvantage of market timing. Under which school of thought would market timing work best, the Efficient Market Hypothesis or behavioural finance? Explain.
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Exchange Rates and International Finance
Authors: Laurence Copeland
6th edition
273786040, 978-0273786047
