Question: Total 50 marks Question 3 1. Critically discuss the Efficient Market Hypothesis. 25 marks 2. Behavioural finance attempts to understand and explain how reasoning errors

Total 50 marks Question 3 1. Critically discuss the Efficient Market Hypothesis. 25 marks 2. Behavioural finance attempts to understand and explain how reasoning errors influence financial decisions. Define the framing effect and provide two examples. 25 marks Total 50 marks Page 3 of 4

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