Which of the Following Is a Statement of Semi-Strong Form

question 59

Multiple Choice

Which of the following is a statement of semi-strong form efficiency?
I. If the markets are efficient in the semi-strong form then prices will adjust immediately to public information
II. If the markets are efficient in the semi-strong form then prices reflect all information
III. If the markets are efficient in the semi-strong form then prices will adjust to newly published information after a long time delay

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

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