^&* 15. Efficient Markets Hypothesis (LO2, CFA1) Which of the following statements concerning market efficiency is true?
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^&* 15. Efficient Markets Hypothesis (LO2, CFA1) Which of the following statements concerning market efficiency is true?
a. If the market is weak form efficient, it is also semistrong form efficient.
b. If the market is semistrong form efficient, it is also strong form efficient.
c. If the market is weak form efficient, it is also strong form efficient.
d. If the market is semistrong form efficient, it is also weak form efficient.
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