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Semi-strong form efficiency can best be described as: A. a market in which trading strategies based on past prices cannotearn abnormal profits. B. a market
Semi-strong form efficiency can best be described as:
A. | a market in which trading strategies based on past prices cannotearn abnormal profits. | |
B. | a market in which trading strategies based on all publiclyavailable information cannot earn abnormal profits. | |
C. | the ability of investors to earn abnormal profits from theover-reaction of share prices to news. | |
D. | all information, public and private, is fully impounded in shareprices. |
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