Use the Following Statements to Answer This Question

question 24

Multiple Choice

Use the following statements to answer this question:
I.Strong form efficiency is practically impossible to prove.
II.On average, investors can beat the market using technical analysis.
III.Market efficiency is a myth that does not exist in any of its forms.

• A)I, II, and III are correct.
• B)I, II, and III are incorrect.
• C)I and II are correct and III is incorrect.
• D)I is correct, II and III are incorrect.

---

Definitions:

Profitability

A financial metric used to assess the ability of a business to generate earnings compared to its expenses over a specific period.

Current Ratio

A financial metric that measures a company's ability to pay off its short-term liabilities with its short-term assets.

Liabilities

Financial obligations or debts that a company owes to others.

Debt

Money owed by one party to another under the condition of repayment, often including interest charges.