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The Efficient Markets Hypothesis (EMH) described by Fama (1984) is comprised of three components; weak form, semi-strong form and strong form efficiency. Describe the method
- The Efficient Markets Hypothesis (EMH) described by Fama (1984) is comprised of three components; weak form, semi-strong form and strong form efficiency. Describe the method used to test for semi-strong form efficiency. Use examples to support your answer.
Describe ANY one of these methods:
- Event studies
- Time series
- Cross Sectional Analysis
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