Question: Clearly and completely explain what we mean when we say that the market is efficient in the semi-strong version. ***Make sure to clearly explain what
Clearly and completely explain what we mean when we say that the market is efficient in the semi-strong version. ***Make sure to clearly explain what the relevant set of information is. As part of your explanation, make sure to explain two important conditions that prevail in an efficient market generally (hint: one condition relates to prices, the stock price =, the other condition relates to returns)
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