Chris Palmer likes to listen the CNBC program - Mad Money delivered by Jim Cramer who was a partner of Goldman Sachs, and the founder of a hedge fund. He heard on the program that Jim Cramer had recommended buying the stock Goldfinger -a gold mining company, who recently discovered a huge amount of high - quality gold in New Jersey. Based on this information, Chris bought 1,000,000 stocks of Goldfinger and was able to beat the market. This is a violation of the:

Multiple Choice

• Strong-form of the efficient market hypothesis.

• Weak-form of the efficient market hypothesis.

• Semi-strong form of the efficient market hypothesis.

• The random-walk form of the efficient market hypothesis.

• Moderate-form of the efficient market hypothesis.