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Q1) Youareatraderandbelieveintheefficientmarkethypothesis(EMH).ArguewhyyouthinkratingscompaniesareunnecessarywithrespecttotheEMH. Q2) Now you are a ratings agent. You also believe in the EMH, but want to keep your job. How would you argue

Q1) Youareatraderandbelieveintheefficientmarkethypothesis(EMH).ArguewhyyouthinkratingscompaniesareunnecessarywithrespecttotheEMH.

Q2) Now you are a ratings agent. You also believe in the EMH, but want to keep your job. How would you argue that ratings companies are important, even with the EMH? Discuss how you can reconcile your job with the EMH considering the different forms of the EMH.

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