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. The efficient market hypothesis suggests that investors should not try to outguess the market by constantly buying and selling securities. Also investors do better

. The efficient market hypothesis suggests that investors should not try to outguess the market by constantly buying and selling securities. Also investors do better on average if they adopt a "buy and hold" strategy There is evidence that stock prices of Brexiax Co. fell when the firm announced of 12% profit increase in the fourth quarter Does this evidence contradict the efficient market hypothesis? Discuss

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