Discuss the three forms of efficient market hypothesis and the consequences for investment management.[

Discuss the three forms of efficient market hypothesis and the consequences for investment management.[10 marks]
b.Describe briefly the evidence for or against each form of efficient market hypothesis. [10 marks] Chose one side
c.Over the last five years the shares of the company A have yield an average investment return twice that of company B. does this contradict the EMH (efficient market hypothesis ).

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