Question: Answer please the Question below, TYPED written in 100 words atleast with explanation 4) Fama and French found that high book-to-market firms outperform low book-to-market

Answer please the Question below, TYPED written in 100 words atleast with explanation

Answer please the Question below, TYPED written in 100 words atleast with

4) Fama and French found that high book-to-market firms outperform low book-to-market firms even after adjusting for beta. What are the implications in terms of the EMH

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