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Question Efficient market hypothesis (EMH) has received a lot of attention since its inception. Despite its relative simplicity, this hypothesis has also generated a lot

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Efficient market hypothesis (EMH) has received a lot of attention since its inception. Despite its relative simplicity, this hypothesis has also generated a lot of controversy.

  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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