Discuss the historical developments in capital market efficiency, covering the originating paper (often called a land-mark or seminal paper) and subsequent key academic papers/contributions from 1970 to date. Clearly identify the key theories and their propositions

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Chapter12: Capital Investment Decisions
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Discuss the historical developments in capital market efficiency, covering the originating paper (often called a land-mark or seminal paper) and subsequent key academic papers/contributions from 1970 to date. Clearly identify the key theories and their propositions

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