Which of the Following Best Describes 'Strong- Form Efficiency

question 11

Multiple Choice

Which of the following best describes 'strong- form efficiency'?

• A) All relevant information, including that which is privately held, is reflected in the share price.
• B) Share prices fully reflect information available only to certain shareholders.
• C) Share prices fully reflect all the relevant, publicly available information.
• D) Share prices fully reflect all information contained in past price movements.

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Definitions:

Success

The accomplishment of an aim or purpose, often measured by societal, personal, or objective criteria.

Preferences

The selection of one option or item over others based on greater appeal or value to the individual.

Social Resources

Resources that derive from an individual's or group's social networks, relationships, and social capital, influencing their ability to access opportunities and benefits in society.

Immediate Gratification

The desire to experience pleasure or fulfillment without delay or deferment, often prioritizing short-term rewards over long-term outcomes.