Your friend, Jim Kramer, is telling you about a stock that he believes is extremely undervalued. He wants you to invest a large portion of your $401$K in it$.$ Assuming you believe the market is semistrong form market efficient, would you likely invest in Jim's undervalued stock pick or an index fund that tracked the market? $($Keep in mind that Jim does not have insider information.$)$ A$.$ Why does Jim believe the stock is undervalued? If his reasoning seems logical$,$ then it might be worth investing in the stock because the current price might not reflect all public information, and the stock might be undervalued. B$.$ Invest in Jim's undervalued stock because markets are inefficient, the current price might not reflect all public information, and the stock might be undervalued. C$.$ It doesn't matter because both Jim's security and the index fund have the same amount of risk, and markets are unpredictable. D$.$ Invest in an index fund because markets are efficient, and the current price reflects all public information.