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T/F/U. The efficient market hypothesis (EMH) implies that you should hire an expert to manage your funds because they know more about the stock...

T/F/U. The efficient market hypothesis (EMH) implies that you should hire an expert to manage your funds because they know more about the stock market than you do. Because they are incentivized to get you more money, you also shouldn't worry about moral hazard. In your answer, be sure to address what EMH is and its implications as well as the issues and definition of moral hazard.

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