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      The basic efficient market hypothesis theorizes that the market cannot be beaten because it incorporates all important determining information into current share prices. Therefore, stocks trade at the fairest value, meaning that they can't be purchased undervalued or sold overvalued.

       i. Explain THREE (3) reasons that the Efficient Market Hypothesis may be incorrect

      ii. Discuss the THREE (3) forms of Efficient Market Hypothesis, including the implications as it applies to technical traders and fundamental analyst.

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Answer rating: 100% (QA)

i Three Reasons the Efficient Market Hypothesis EMH May Be Incorrect 1 Behavioral Biases EMH assumes that all investors act rationally and have access ... View the full answer