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Which of the following statements regarding market efficiency is correct? Semi-strong form of efficiency means security prices only reflect information found in past prices. If
Which of the following statements regarding market efficiency is correct?
Semi-strong form of efficiency means security prices only reflect information found in past prices. | |
If the market is strong form efficient, you cannot make abnormal returns using insider information. | |
Test of serial correlation of returns is used to test the semi-strong form of market efficiency. | |
In an efficient market all investors are rational | |
None of the above. |
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