21. Under the P/E model, stock price is a product of: EPS and DPS P/E ratio and EPS EPS and required return P/E ratio and required return Which is not an assumption of the Efficient Market Theory: Investors are rational The current market price reflects all available information about a security Market prices should swing wildly daily Only new unexpected information can change prices 23. Which level of the Efficient Market Theory assumes that non-publie information is reflected in prices: Semi-Weak Form Weak Form Semi-Strong Form. Strong Form