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- If the market is efficient with respect to one information set i.e. either weak, semi-strong or strong form, does this necessarily imply that the market is inefficient with respect to the other two information sets? Explain.1. What’s the difference between fundamental analysis and technical analysis? Don’t simply define them both. 2. What’s the difference between the terms “intrinsic value” and “market price?” or in other words, what’s the difference between Value and Price?2. What’s the difference between the terms “intrinsic value” and “market price?” or in other words, what’s the difference between Value and Price?
- Market risk cannot be eliminated. OA. True OB. FalseWhat is weak-form EMH? What would you expect to see/not see if markets where weak form efficient? In other words, can you think of market events that would serve as evidence that market is or isn’t weak-form efficient?e) State two reasons why the strong form of market efficient is important?
- Which type of market efficiency is not true? Why?“ Purchasing Power Parity (PPP) theory fails to explain the facts. explain whether true or falseIf the weakest form of market efficiency holds, then security prices reflect all information found in past prices and volume. Thus, traditional "technical analysis" will not work. Group of answer choices True False
- A critical assumption in the classical model is that a. markets are perfectly competitive in the long run b. markets clear in the long run c. markets are perfectly competitive in the short run d. markets clear in the short runAn efficient market is one in which no one can profit from having a better information than the rest. Is the statement true or false or uncertainCarefully explain the Arbitrage Pricing Theory (APT). What is the main assumption the APT is built on? (b) With regard to market efficiency, what is meant by the term "anomaly"? Give two examples of market anomalies and explain why each is considered as an anomaly.