QUESTION 6 If people can generate a positive return with illegal insider trading, than the markets are not strong form efficient. True False QUESTION 7 If stock prices absorb information with a delayed reaction, this is evidence of a semi-strong form efficient market O True O False QUESTION 8 If stock prices absorb information with a delayed reaction, this is evidence of a strong form efficient market True O False

If people can generate a positive return with illegal insider trading, than the markets are not strong form efficient True False QUESTION 7 If stock prices absorb information with a delayed reaction, this is evidence of a semi-strong form efficient market True False QUESTION 8 If stock prices absorb information with a delayed reaction, this is evidence of a strong form efficient market True False