What are the three forms of the efficient market hypothesis, Financial Management

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What are the three forms of the efficient market hypothesis

1. What are the three forms of the Efficient Market Hypothesis (EMH)? Please describe each one.

2. Why do some investors invest in index mutual funds? Does it have anything to do with market efficiency?

3. Why do many portfolio managers still utilize fundamental analysis in selecting stocks when the Efficient Market Hypothesis says that it's not of any benefit in selecting stocks?

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Financial Management: What are the three forms of the efficient market hypothesis

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