Which One of the Following Statements Is NOT True

question 70

Multiple Choice

Which one of the following statements is NOT true?

• A)Strong-form market efficiency implies that investors who have access to private information will be able to earn abnormal returns.
• B)Semi-strong form market efficiency implies that investors who have access to private information will be able to earn abnormal returns.
• C)Weak-form market efficiency implies that investors who have access private information will be able to earn abnormal returns.
• D)None of the above.