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Lengthy response please/ NEED NEW ANSWER / ANSWER NEVER USED BEFORE/ no textbook answers please.

The efficient market theory is one of the key components investors and business organizations must apply to succeed in their businesses. Market efficiency will require examining the performance of investment analysts and mutual funds, whether stock prices reflect publicly available information, and technical analysis's importance and effectiveness. Given these principles, what important role do the efficient capital markets theory and evidence play in finance?

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ANSWER THROUGHLY 1 page

*************NEEDS TO BE AN ORIGINAL SOURCE ANSWER NEVER USED BEFORE************

PLEASE ANSWER THROUGHLY ALL ANSWERS

COPY AND PASTE Answer in paragraphs, and no picture attachment please.