Let P, be the current market price of a share of common stock of Company X. Let P be the "fundamental" value of a share of common stock of Company X. Letr be the long-run average annual compounded rate of return on common stocks, and b be the long-run annual compounded rate of return on corporate bonds. Finally, let e be a random error term. Which of the following equations best characterizes the Efficient Markets Hypothesis? Select one O a. Pse Pitste O b. Ps= P + e-b Oo.P. - 1P, + 6 x ir-b) O d. P, Pite Let P, be the current market price of a share of common stock of Company X. Let P be the "fundamental" value of a share of common stock of Company X. Letr be the long-run average annual compounded rate of return on common stocks, and b be the long-run annual compounded rate of return on corporate bonds. Finally, let e be a random error term. Which of the following equations best characterizes the Efficient Markets Hypothesis? Select one O a. Pse Pitste O b. Ps= P + e-b Oo.P. - 1P, + 6 x ir-b) O d. P, Pite