Question: a) State that the efficient market hypothesis (EMH) is not necessary true? b) Of the three forms of EMH discussed in the chapter, which one

  • a) State that the efficient market hypothesis (EMH) is not necessary true?
  • b) Of the three forms of EMH discussed in the chapter, which one do you think makes more sense?
  • c) According to the text, what does EMH has to say about managerial decisions?
  • According to the text, how should the value of a non-constant growth stock be determined? And what are the steps

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