Question: Assume you want to test the EMH by comparing alternative trading rules to a buy and hold policy. Discuss the three common mistakes that can

Assume you want to test the EMH by comparing alternative trading rules to a buy and hold policy. Discuss the three common mistakes that can bias the results against the EMH.

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Assume you want to test the EMH by comparing alternative trading rules to a buy-and-hold policy. Discuss the three common mistakes that can bias the results against the EMH.

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