Question: o The efficient market hypothesis (EMH) What does it mean for markets to be efficient? Weak form EMH . Semi-strong form EMH Strong form

o The efficient market hypothesis (EMH) What does it mean for markets to be efficient? Weak form EMH . Semi-strong form EMH Strong form EMH What causes markets to be efficient? How well does the EMH hold up based on real world evidence? Be able to give examples/explanations. Does the EMH mean that all investments are the same? Why not? How can we use the ideas of market efficiency to inform our investment choices?

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