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Which of the following statements is/are true? I. Strong form of market efficiency indicates that prices reflect all public and private information II. Weak form

Which of the following statements is/are true?

I. Strong form of market efficiency indicates that prices reflect all public and private information

II. Weak form of market efficiency is supported by empirical research evidence.

III. Semi strong form of market efficiency indicates that prices reflect all publicly available information such as trading information and press releases.

IV. Weak form of market efficiency indicates that prices reflect all past market information such as price and volume.

Question 34 options:

Only I and II are correct

I II III and IV are all correct

Only I, II and IV are correct

I II and III are all correct

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