(a) Define semistrongform market efficiency. (b) Using the evidence discussed in class, explain whether the evidence on...
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(a) Define semistrongform market efficiency.
(b) Using the evidence discussed in class, explain whether the evidence on the return behavior of 'size based portfolios' and 'booktomarket based portfolios' are consistent with the semistrong form market efficiency.
(c) Differentiate between 'conventional finance' and 'behavioural finance'
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a Semistrongform market efficiency is a theory in finance that states that all publicly available information is quickly and accurately reflected in t... View the full answer
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