The Strong Form of the Efficient Market Hypothesis

question 34

Multiple Choice

The strong form of the efficient market hypothesis
Suggests
1) inside information will not lead to superior
Investment results
2) inside information will lead to superior
Investment results
3) studying financial statements will not lead
To superior investment results
4) studying financial statements will lead to
Superior investment results

• A) 1 and 3
• B) 1 and 4
• C) 2 and 3
• D) 2 and 4

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