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Question Completion Status: Moving to another question will save this response Que Question 10 . There are 2 parts to this question (A & B).

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Question Completion Status: Moving to another question will save this response Que Question 10 . There are 2 parts to this question (A & B). You must answer both parts. (4 marks x 2-8 marks) A. Some people argue that the efficient market hypothesis cannot explain the 1987 market crash or the high price to earnings ratio of internet stocks during the late 1990's. What alternative hypothesis is currently used for these two phenomena? (4 marks) B. One study, analyzing data from 1904 to 1974, concluded that the average return for stocks during the month of January was five times greater than any other month during the year Based on this statement, explain if the financial markets are efficient or not. Justify your answer. (4 marks) + E- E - T- 4 Paragraph Arial % DO QUE SE OS: Mashup 66 3 (12pt) T' T. Pathep Moving to another question will save this response MacBook PCS Question Completion Status: Moving to another question will save this response Que Question 10 . There are 2 parts to this question (A & B). You must answer both parts. (4 marks x 2-8 marks) A. Some people argue that the efficient market hypothesis cannot explain the 1987 market crash or the high price to earnings ratio of internet stocks during the late 1990's. What alternative hypothesis is currently used for these two phenomena? (4 marks) B. One study, analyzing data from 1904 to 1974, concluded that the average return for stocks during the month of January was five times greater than any other month during the year Based on this statement, explain if the financial markets are efficient or not. Justify your answer. (4 marks) + E- E - T- 4 Paragraph Arial % DO QUE SE OS: Mashup 66 3 (12pt) T' T. Pathep Moving to another question will save this response MacBook PCS

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