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Question 5 (2 points) A friend of yours owns a company that is about to get a large government contract. He tells you this inside
Question 5 (2 points)
A friend of yours owns a company that is about to get a large government contract. He tells you this inside information about the contract and also mentions that it should make the company's stock price increase dramatically. If you invest based on this inside information, then you are implicitly saying that stock markets are inefficient in which context?
Question 5 options:
| weak form efficient market theory |
| semi-strong form efficient market theory |
| strong form efficient market theory |
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