Question
Answer which form of the EMH is most relevant for trading strategies in each part (weak, semi-strong, and strong). To be more specific, suppose that
Answer which form of the EMH is most relevant for trading strategies in each part (weak, semi-strong, and strong). To be more specific, suppose that you are able to generate profit from the trading strategy, then which form of the EMH is violated? Briefly explain why. (a) Jane is a close friend of the CEO of Hewlett-Packard, and she trades stocks of Hewlett-Packard when she hears confidential news about the company from the friend (note that this is illegal in the US). (b) Tom buys IBM stocks when yesterday's return on Coca-Cola stocks is higher than the 3-month T-bill rate, and vice versa. (c) Mike buys stocks at the NYSE whenever each stock's earn
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