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Question 3 [8]3.1. If financial markets are efficient, what is the implicationfor companies evaluating them? [5]3.2. Why would you expect shares to follow a random

Question 3 [8]3.1. If financial markets are efficient, what is the implicationfor companies evaluating them? [5]3.2. Why would you expect shares to follow a random walk in anefficient market? [3] 1 answer

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