Executives, like CEO and CFO, of a listed company need to report their transactions in the listed stock of their company to the stock market regulators, and details of such transactions will be available on the regulatory website for viewing by anyone. A copy-cat strategy, which exactly copies the executives' transactions after they are disclosed on the regulatory website, is able to generate a positive alpha after adjusting for relevant risks. Which of the following statements is true? Select one: O A. The profitability of the strategy violates the semi-strong form and strong form of EMH, but not the weak form of EMH. OB. The profitability of the strategy violates the strong form of EMH, but not the semi-strong form and weak form of EMH. OC. The profitability of the strategy violates the weak form of EMH, but not the strong form and semi-strong form of EMH. OD. The profitability of the strategy violates the semi-strong form of EMH, but not the strong form and weak form of EMH. O E. The profitability of the strategy violates the semi-strong form and weak form of EMH, but not the strong form of EMH