If Investors Can Consistently Profit from Thorough Reading of Published

question 133

Multiple Choice

If investors can consistently profit from thorough reading of published financial information,then the market can,at best,be characterized as:

• A) weak-form efficient.
• B) semistrong-form efficient.
• C) strong-form efficient.
• D) all of these.

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Definitions:

Offeror

The party in a contractual agreement who presents an offer to another party (the offeree) indicating readiness to enter into a contract on specified terms.

Legal Right

An entitlement or permission granted to individuals by law allowing them to act in a certain way or to be treated in a specific manner.

Unauthorized Means

Activities or methods used without proper authorization or permission, often in a context of accessing or obtaining information.

Acceptance

in contract law, signifies the agreement of the offeree to the terms of the offer, resulting in a legally binding contract.