Followers of the EMH believe in which of the following propositions?

1, Very few investors actually analyze or evaluate stocks before they make a purchase decision.

2, The needed information to assess the market is available only to corporate insiders.

3. Investors react quickly and accurately to new information. individual traders can have a significant impact on the price of a security.

Explain your answer (note: please explain why the options rejected by you do not apply to the EMH beliefs).