Which of the Following Statements Is Correct

question 55

Multiple Choice

Which of the following statements is correct?

• A)If the market is strong-form efficient it must also be weak-form efficient and semi-strong efficient.
• B)There is evidence to suggest that the market is strong-form efficient because corporate insiders have made extraordinary profits by trading on inside information.
• C)The Efficient Market Hypothesis states that security prices will be based on their expected return.
• D)None of these statements is correct.