After Controlling for Risk, If Someone Were Able to Earn

question 96

Multiple Choice

After controlling for risk, if someone were able to earn greater than the average returns for the market on a consistent basis using publicly available information, which form of market efficiency is violated?

• A) none of forms would be violated
• B) semi-strong
• C) strong
• D) all of the forms of market efficiency would be violated,

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Definitions:

Legislation

Laws and legal norms passed by a legislative body or the process of creating such laws.

Business Executives

Senior-level managers who direct the business strategies and operations of a company, focusing on achieving its goals and objectives.

Railroad Industry

An industry centered around the transportation of goods and passengers via trains over a network of tracks.

Planning Phase

The initial stage in a project or plan where objectives are set, strategies are formulated, and detailed plans are established to achieve those objectives.