Question: Question 3 (e) Define Efficient Market Hypothesis and explain TWO assumptions (6 marks) Explain the differences between weak form, semi-strong form and strong form capital

Question 3 (e) Define Efficient Market Hypothesis and explain TWO assumptions

Question 3 (e) Define Efficient Market Hypothesis and explain TWO assumptions (6 marks) Explain the differences between weak form, semi-strong form and strong form capital market efficiency. (6 marks) (g) Discuss FOUR significance of the efficient market hypothesis for a financial manager. (8 marks) (Total: 20 marks)

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