Explain the concept of the Efficient Markets Hypothesis

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Reference no: EM132971475

Question -

a) Explain the concept of the Efficient Markets Hypothesis (EMH) and explain why prices should reflect all available information.

b) Discuss the implications of the EMH for investors.

c) Discuss the empirical evidence in favour of and against the semi-strong form of market efficiency?

Reference no: EM132971475

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