Charles is a financial manager for an insurance company. Charles often hires independent analysts to help to determine the appropriate price of a stock. With respect to the efficient market hypothesis, which one of the following statements best describes Charles$$ investment philosophy?

Available answer options

Select only one option

A

Charles accepts weak form efficiency.

B

Charles accepts strong$-$form efficiency.

C

Charles accepts semi$-$strong efficiency.

D

Charles rejects the efficient market hypothesis.