Driving in your car, you hear on the radio that Microsoft announced yesterday that they have cornered the market on a new Internet technology. Knowing this is great news for Microsoft, you call your broker next morning and are able to buy Microsoft stock before its price moves up on the news. This is a violation of ______ market efficiency.

A) weak form

B) semi-strong form

C) strong form

The existence of abnormal profits for insider trading is evidence

A) in support of semi-strong form of market efficiency

B) against semi-strong form of market efficiency

C) in support of weak form of market efficiency

D) against weak form of market efficiency

E) against strong form of market efficiency

F) in support of strong form of market efficiency