It may be true that in an efficient market there should be no patterns in stock prices,
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“It may be true that in an efficient market there should be no patterns in stock prices, but, if everyone believes that they do exist, then this belief will be self-fulfilling.” Discuss.
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Not true If everyone believes that patterns e...View the full answer
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Related Book For 
Principles of Corporate Finance
ISBN: 978-0072869460
7th edition
Authors: Richard A. Brealey, Stewart C. Myers
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