Posted: April 8th, 2015

Discuss the various forms of market efficiency and discuss the following five effects and their implications for the efficient market hypothesis.

Discuss the various forms of market efficiency and discuss the following five effects and their implications for the efficient market hypothesis.
a. P/E effect.
b. Book-to-market effect.
c. Momentum effect.
d. Small-firm effect.
e. Post–earnings-announcement price drift effect…………

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