Describe the three forms of market efficiency explain why, Financial Management

Describe the three forms of market efficiency explain why

1. Describe the three forms of market efficiency. Explain why it is easier to diversify in an efficient market?

2. What effect does Irrational behavior among investors have on efficient markets and how does each of the aforementioned forms deal with irrational investors?

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Financial Management: Describe the three forms of market efficiency explain why

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Financial Management: Describe the three forms of market efficiency explain why

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