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Business, 27.12.2019 06:31 SKYBLUE1015

Answer the following question about emh: a. a successful firm like microsoft has consistently generated large profits for years. is this a violation of the emh? b."if all securities are fairly priced, all must offer equal expected rates of return." comment. c.steady growth industries has never missed a dividend payment in its 94-year history. does this make it more attractive to you as a possible purchase for your stock portfolio? d. at a cocktail party, your co-worker tells you that he has beaten the market for each of the last 3 years. suppose you believe him. does this shake your belief in efficient markets? e."highly variable stock prices suggest that the market does not know how to price stocks."comment. f.if prices are as likely to increase as decrease, why do investors earn positive returns from the market on average?

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