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B. According to the market efficiency hypothesis, which of the following examples best ilustrates semi-strong form efficiency? A. A fund manager heard that Toyota will

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B. According to the market efficiency hypothesis, which of the following examples best ilustrates semi-strong form efficiency? A. A fund manager heard that Toyota will acquire a clean energy company in Europe and increased the holding of its stocks from some insiders in Toyota, causing its stock price to rise significantly. B. An investor consistently earns abnormal profits by using technical analysis to predict stock price movements. C. A news article reveals a new product development by Microsoft, leading to a surge in ts stock price immediately. D. Historical price patterns of a particular stock consistently help traders predict future orice movements

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