Question: In an efficient market ,on average,competition would cause the full effects of new information on intrinsic values to be reflected 'instantaneously; in actual price.With reference

In an efficient market ,on average,competition would cause the full effects of new information on intrinsic values to be reflected 'instantaneously; in actual price.With reference to this statement,explain the central idea of EMH,forms of market efficiency and tools investors may use to try to outperform the market.

Subject is Investment Management

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