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1) If the following statements are true, what level of capital market efficiency would be violated? A investor, looking at past trading data, realizes that

1) If the following statements are true, what level of capital market efficiency would be violated?

A investor, looking at past trading data, realizes that stock prices often rise on Mondays. As a result, he is able to make millions in the stock market.

Choose:

a) strong form efficiency

b) semi-strong efficiency

c) weak form efficiency

An investor, after doing a thorough analysis of all publicly available information, is able to achieve an abnormal return on investment.

Choose:

a) strong form efficiency

b) semi-strong efficiency

c) weak form efficiency

A corporate director is able to use information concerning the launch of a revolutionary product to earn an abnormal return on investment

Choose:

a) strong form efficiency

b) semi-strong efficiency

c) weak form efficiency

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