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The book discusses the Efficient Market Hypothesis (EMH) and its three forms

Accounting Nov 26, 2020

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?

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