What do you understand by market efficiency, Marketing Management

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Question:

(a) What do you understand by market efficiency and why is it important?

(b) Explain each form of market efficiency.

(c) Give any one test of weak-form and semi-strong form of market efficiency.

(d) Assess the importance of the Efficient Market Hypothesis to a fund manager.


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Help, dead line is 10-9-2014

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