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Which of the following statements concerning market efficiency is true? a. If the market is weak-form efficient, it is also semistrong-form efficient. b. If the

Which of the following statements concerning market efficiency is true?

a. If the market is weak-form efficient, it is also semistrong-form efficient.

b. If the market is semistrong-form efficient, it is also strong-form efficient.

c. If the market is weak-form efficient, it is also strong-form efficient.

d. If the market is semistrong-form efficient, it is also weak-form efficient.

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