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Question 1 (10 marks) The Efficient Market Hypothesis, known as EMH in the investment community, is one of the underlying reasons investors may choose a

Question 1 (10 marks)

The Efficient Market Hypothesis, known as EMH in the investment community, is one of the underlying reasons investors may choose a passive investing strategy.

Required:

  1. What is meant by EMH? Explain why efficiency is important for you as a potential investor.
  2. Briefly discuss the forms of market efficiency. Which market efficiency assumed to exist?

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