please write own words The Efficient Market Hypothesis (EMH) asserts that (1) Stocks are...

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Finance

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The Efficient Market Hypothesis (EMH) asserts that (1) Stocks are always in equilibrium, and (2) It is impossible for an investor to "beat the market" and consistently earn a higher rate of return than the market. In other words, if the market is efficient, you cannot get abnormal returns from your investment. If not, you can get more return than your minimum required rate of return."

Do you believe in market efficiency? Why? Explain.

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