The evidence against market efficiency are called puzzles or anomalies.
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Q44: Briefly discuss some of the important findings
Q52: In an efficient market, investors will not
Q53: List the three forms of market efficiency
Q54: Which theory offers an explanation for the
Q55: In an efficient market, information is costless.
Q56: State the important differences between investment decisions
Q57: The small-firm effect is cited as evidence
Q59: In a competitive market, security prices follow
Q61: How does the random walk theory explain
Q61: What are puzzles and anomalies?
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