Which of the Following Is a Statement of Weak Form

question 29

Multiple Choice

Which of the following is a statement of weak form efficiency?
I. If markets are efficient in the weak form, then it is impossible to make consistently superior profits by using trading rules based on past returns
II. If the markets are efficient in the weak form, then prices will adjust immediately to public information
III. If the markets are efficient in the weak form, then prices reflect all information

• A) I only
• B) II only
• C) II and III only
• D) III only

---

Definitions:

Federal Law

Legislation enacted by the national government or Congress of a country.

State Law

Refers to laws that are enacted and enforced by individual U.S. states, governing within their own territory.

Corporate Taxation

The process or system of taxing the income or profits of corporations and other business entities.

Quorum

The minimum number of members required to be present at a meeting to legally conduct business.