16. Which of the following statement(s) about the strong form of efficient market hypothesis is/are correct? [1] Rationale of technical analysis contradicts the strong-form efficient market hypothesis. [II] The fact that inside trading is usually profitable contradicts the strong-form efficient market hypothesis. [III] The fact that investing in high B/M stocks can generate higher risk-adjusted return than investing in low B/M stocks contradicts the strong-form efficient market hypothesis. A [I] only B. [II) only. C. [III) only. D. [1] and [II] only E. [I], [II] and [III]