The Efficient Markets Hypothesis (EMH) was described by Eugene Fama to describe the behaviour of...

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Finance

The Efficient Markets Hypothesis (EMH) was described by Eugene Fama to describe the behaviour of financial markets.

a) List and describe the three forms of informational market efficiency

b) Describe the method used to test for semi-strong form efficiency

c) Explain the methodology to test for strong form efficiency

d) Explain why it is impossible to prove market efficiency, and state the name of the problem

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