What are the necessary assumptions for the efficient market hypothesis to hold?

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  1. #costless
  2. #expectations
  3. #information
  4. #hypothesis
  5. #there
  6. #homogenous
  7. #central
  8. #costs
  9. #market
  10. #efficient
  11. #rational
  12. #therefore
  13. #markets
  14. #transactions
  15. #perfect
  16. #investors
  17. #assumptions