Question: SECTION 2 (15 points) 1) Describe the efficient market. (4p.) 2) Write down the three sufficient conditions for an efficient market. (6p.) 3) What are
SECTION 2 (15 points)
1) Describe the efficient market. (4p.)
2) Write down the three sufficient conditions for an efficient market. (6p.)
3) What are the three forms of market efficiency? Describe them. (5p.)
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