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Other Papers on :Market efficiency

C/F/253. Efficient market hypothesis

(2007, 2000 words)

The paper presents critical analysis of the statement that equity share prices reflect all information that is available to the market, which means that all forms of investment analysis and research are worthless. Theoretical underpinnings of the efficient market hypothesis are examined; a short overview of related literature is provided; the practical implications of the hypothesis are discussed.
 
   
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