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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.
Question 1: (a) ‘The function of the financial system is only to channel funds from the surplus units to the deficit units'. Discuss. (b) How far can the liquidity pref
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consumer mind is a black box discuss
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what are the marketion position errors in sri lanka
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