Recall the emh you learned in week 3 if everyone in the


a) Recall the EMH you learned in week 3. if everyone in the market believes in resistance levels, why do these beliefs not become self-fulfilling prophecies?

b) With reference to the active versus passive portfolio management, what would happen to the market efficiency if all investors attempted to follow a passive strategy?

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Financial Management: Recall the emh you learned in week 3 if everyone in the
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