Semi-Strong-Form Market Efficiency Means That the Information Reflected in Security

question 15

Multiple Choice

Semi-strong-form market efficiency means that the information reflected in security prices is:

• A) All publicly available financial information
• B) All public and private information
• C) All publicly available information
• D) All information about past prices and trading volumes

---

Definitions:

Perceptions

The way in which something is regarded, understood, or interpreted.

Symbolic Form

A way of representing logical propositions using symbols to denote operation and variables, for clarity and simplification in logic and mathematics.

Components

The distinct parts or elements that make up a whole system, device, or machine.

Connective

In logic, a word or phrase that connects clauses or sentences, such as "and," "or," "if... then."