Unformatted text preview: Q4) What do you understand by the term ‘Version s of The EMH’? Q5) What would happen to market efficiency if all investors attempted to follow a passive strategy rather than active strategy? In your answer, also critically evaluate alternative ways of both small and big investors. Q6) Does the bulk of empirical evidence in relevant literature provide clear support for the efficient market hypothesis 1...
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- Spring '09
- Management, Active management, Efficient-market hypothesis