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QUESTION 2. (1000 words maximum, 20 marks in total) a) Critically discuss some of the practical difficulties in measuring a financial asset's risk. Support your

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QUESTION 2. (1000 words maximum, 20 marks in total) a) Critically discuss some of the practical difficulties in measuring a financial asset's risk. Support your answer by citing relevant theories or models covered in this module. (10 marks) b) Critically discuss the empirical tests and evidence relating to efficient market hypotheses. (10 marks)

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