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Efficientmarkethypothesisisbasedonseveralassumptions.Italsoassumesthatallrelevantinformationisreflectedinthestockmarkets.Efficientmarket ...,,Theefficientmarketshypothesis(EMH)arguesthatmarketsareefficient,leavingnoroomtomakeexcessprofitsbyinvest...
1 The central assumptions of the efficient market hypothesis ...
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