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Which of the following statements is correct? A. If a market is weak-form efficient, it is also semistrong- and strong-form efficient. B. If a market

Which of the following statements is correct?

  • A. If a market is weak-form efficient, it is also semistrong- and strong-form efficient.
  • B. If a market is semistrong-form efficient, it is also strong-form efficient.
  • C. If a market is strong-form efficient, it is also semistrong- but not weak-form efficient.
  • D. If a market is strong-form efficient, it is also semistrong- and weak-form efficient.

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