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The semi-strong from of the Efficient Market Hypothesis (EMH) specifies that I. Asset prices respond quickly to the release of news II. Asset Prices are
The semi-strong from of the Efficient Market Hypothesis (EMH) specifies that
I. Asset prices respond quickly to the release of news
II. Asset Prices are driven by news about market sentiment
III. Asset prices respond fully to the release of news
Answers:
A) I and II
B) I and III
C) III only
D) I only
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