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Distinguish among three versions of the EMH. Describe them in detail - These versions differ by their notions of what is meant by the term
Distinguish among three versions of the EMH. Describe them in detail - These versions differ by their notions of what is meant by the term "all available information". Describe what each form of EMH asserts and what information is reflected in stock prices. Be as detailed as possible on what type of information each form of EMH includes. Suppose high level managers are making superior returns on their company stock. Would this be a violation of weak form market efficiency or of Semi-Strong or Strong form efficiency? What Form of EMH contains all three segments of information?
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