Finance and investment docx

Finance and investment
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Contents
Finance and investment...................................................................................................................1
Introduction......................................................................................................................................3
Main body........................................................................................................................................4
Conclusion.......................................................................................................................................5
References........................................................................................................................................6
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Introduction
The effectual market Hypothesis is one of the theory that is considered to be in the central
proposition of finance since past years. This is considered to be one of the most studied
hypothesis that relates to the social science and is subject financial application at large. It
contains five statistical analysis so as to provide the contrary convictions. The EMH is also
alternatively known as efficient market theory. This helps in reflecting that the share price of the
company reflects all the information and generation of consistent alpha is identified to be
impossible. The present report is founded on the analysis of EMH and various challenges to the
theory.
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