Question 11 You buy a stock from the capital market. If the capital market is semi-strong efficient, which of the following statements is NOT correct? Not yet saved Marked out of 4.00 Remove flag O a. Stock prices reflect all publicly available information. O b. The stock is under-priced. O c. You cannot earn any abnormal returns above the required return by trading on public information. O d. Fundamental analysis of publicly available information will not lead to abnormal returns. O e. Past returns cannot be used to predict future stock returns