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Which of the following cases would violate the semi-strong form of efficient market hypothesis? 1. Stocks with share splits on average experienced positive abnormal returns

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Which of the following cases would violate the semi-strong form of efficient market hypothesis? 1. Stocks with share splits on average experienced positive abnormal returns before the splits 11. You could have consistently made superior returns by buying stock after a 10% rise in price and selling after a 10% fall III. You could have consistently made superior returns by forecasting future earnings based on your analysis of tims' financial statements. IV. Corporate insiders generally sell their firms' stocks after the stock experienced very positive returns. V. Stocks generally experience very positive abnormal returns after insiders buy them. Select one: O A. ll and Ill only O B. lll only O C. II, III and V only OD. I, II, III, and IV only E. All of them

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