What is the other one?

Question 3 5 pts Assume oil prices are very high and a student decides to invest in corn-based products. The student's logic is: since corn can be used as a substitute fuel, the demand will increase and ultimately the price of corn increase. Select the two most likely outcomes based on the semi-strong form of the Efficient Market Hypothesis. The student will most likely earn above normal returns on this investment because his logic is not based on past price movements. The student will most likely not earn above normal returns because all energy traders are aware of the corn substitution. The student will most likely earn above normal returns on this investment because the information was obtained from a private conversation with an industry leader. The student will most likely not earn above normal returns because the market's expectation is already built into the price of corn