Question
Which of the following is true about the efficient market hypothesis? a) The form of efficient market hypothesis most commonly used in stock analysis is
Which of the following is true about the efficient market hypothesis?
a) The form of efficient market hypothesis most commonly used in stock analysis is the semi-strong form of efficient market analysis, and it states that public (that is publicly available for investors to use) information are reflected in the pricing of assets in stock market.
b) The form of efficient market hypothesis most commonly used in stock analysis is the semi-strong form of efficient market analysis, and it states that both public and private information are reflected in the pricing of assets in stock market.
c) The form of efficient market hypothesis most commonly used in stock analysis is the strong form of efficient market analysis, and it states that both public and private information are reflected in the pricing of assets in stock market.
d) Insider trading incurs no civil or criminal liability in the United States.
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