Assignment:
Q1. What two conditions must hold for markets to be efficient?
Q2. Briefly, what is the Efficient Markets Hypothesis (EMH)?
Q3. What are the implications of the EMH for investors and managers?
Q4. What is meant by the phrase “beat the market”?
Your answer must be, typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.