Question: 3. [Efficient market hypothesis, CFA adapted] The efficient market hypothesis (EMH) exists in three forms weak, semistrong, and strong. a. Briefly discuss the implications of

3. [Efficient market hypothesis, CFA adapted] The efficient market hypothesis (EMH) exists in three forms weak, semistrong, and strong.

a. Briefly discuss the implications of each of these forms for in- vestment policy as it applies to: (i) Technical analysis (e.g.. charting) (ii) Fundamental analysis

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