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If the 'Sufficient Conditions' Outlined by Fama Are Met for an Efficient

question 5

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If the 'sufficient conditions' outlined by Fama are met for an efficient market then it is impossible,on average,to earn economic profits by trading on security information.


Definitions:

Information-Processing Approach

A theory that likens the human mind to a computer, regarding thought and knowledge as information going through systematic processing steps.

Cognitive Development

The progression of developing and transforming cognitive capabilities, including the ability to think, reason, and comprehend.

Osteogenesis Imperfecta

A group of genetic disorders characterized by bones that break easily, often with little or no apparent cause.

Osteoporosis

A medical condition characterized by weakened bones, making them more prone to fractures, often due to loss of bone mass with age.

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