2) In a 1953 study of stock prices, what did Maurice Kendall find and what does...

 

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2) In a 1953 study of stock prices, what did Maurice Kendall find and what does it mean in terms of the EMH? Explain 3) Even if the markets are efficient, you can find a job as a professional portfolio manager. How is that possible? 2) In a 1953 study of stock prices, what did Maurice Kendall find and what does it mean in terms of the EMH? Explain 3) Even if the markets are efficient, you can find a job as a professional portfolio manager. How is that possible?

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Answer2 The British statistician Maurice Kendall in 1953 documented statistical independence in week... View the full answer