The statement the market discounts everything except acts of God implies that the market can discount:

I. Information about actual events.

II. Expectation about actual events.

III. Information about unexpected events.

IV. Expectation about the possibility of some potential event or outcome.

Select one:

A. Only I, II, and IV are correct.

B. Only II, III, and IV are correct.

C. Only II and III are correct.

D. All are correct.