Question: 1. (a) Using your own words, discuss the weak form Efficient Market Hypothesis. Identify the main tests used to examine the weak form EMH, and
1. (a) Using your own words, discuss the weak form Efficient Market Hypothesis. Identify the main tests used to examine the weak form EMH, and briefly summarise the results of these tests. (Max.200 words, 40 marks) (b) Using your own words, define the Efficient Frontier. State the main points in Markowitz Portfolio Theory. (Max.250 words, 60 marks)
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