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Q1: What are the situations in which efficient market hypothesis hold and what are the conditions in which it does not hold? what are the

Q1: What are the situations in which efficient market hypothesis hold and what are the conditions in which it does not hold? what are the possible reasons of investor behavior due to which this theory doesnt hold?

(This is the question of Financial Institutions and Markets and it consists of 20 marks so solve it according to it and as soon as possible.)

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