Question: a) Prove (using statement and tests) that the Efficient Markets Hypothesis does not hold in the weak, semi-strong and strong form. Explain and justify your

a) Prove (using statement and tests) that the Efficient Markets Hypothesis

a) Prove (using statement and tests) that the Efficient Markets Hypothesis does not hold in the weak, semi-strong and strong form. Explain and justify your answer. b) Does the presence of market bubbles represent evidence against the efficient markets' hypothesis? Explain. Mention an example of a historical market bubble and explain what happens to investors during such a period

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