Question 17(1 point)

In most cases actively managed mutual funds under perform index funds such as the Whilshire 5000, but someone with inside information can significantly out perform an index fund. These facts are consistent with which of the following statements.

Question 17 options:

The strong form Efficient Market Hypotheses is True

The weak form Efficient Market Hypotheses is True

The semi-strong form Efficient Market Hypotheses is True

The Efficient Market Hypotheses is False in all forms