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FIN 355_"Efficient Market Hypothesis (EMH)"
"Efficient Market Hypothesis (EMH)"
Please respond to the following:
- The book discusses the Efficient Market Hypothesis (EMH) and its three forms. The EMH has a lot to do with information and stock prices. How does information get into prices? How do we know if prices reflect all available information? What are abnormal returns? What does the EMH have to say about abnormal returns?
- Please provide one citation/reference for your initial posting that is not your textbook. Please do not use Investopedia or Wikipedia.