The Semi-Strong Form of the Efficient Market Hypothesis States That

question 118

Multiple Choice

The semi-strong form of the efficient market hypothesis states that:

• A) past price data is unrelated to future prices.
• B) prices reflect all public information.
• C) all information both public and private is immediately reflected in stock prices.
• D) an investor can exploit public information to earn abnormal profits.

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Definitions:

New England

A geographical region in the northeastern corner of the United States, comprising six states and known for its colonial history, educational institutions, and distinct seasons.

Patriarchal Family Patterns

Social or cultural systems in which men hold primary power and predominate in roles of political leadership, moral authority, and control of property.

Pilgrims

Early settlers of the Plymouth Colony in present-day Massachusetts, who sought religious freedom and are celebrated in the United States during Thanksgiving.

Land In Common

Refers to community-owned land that is not owned privately but managed and used by a group of people collectively.