Research on the Strong Form Shows That _______ Are Able

question 76

Multiple Choice

Research on the strong form shows that _______ are able to achieve superior returns.

• A)members of the SEC
• B)corporate insiders and public officials
• C)market specialists and corporate insiders
• D)the majority of professional mutual fund managers

---

Definitions:

Market Price

The market rate at which a service or asset can currently be purchased or sold.

Underwriting Spread

The underwriting spread refers to the difference between the price an underwriter pays to the issuer of a security and the price at which it sells the security to investors.

Issue Costs

Expenses associated with the issuance of new securities, including underwriting, legal, and registration fees.

Stock Price

The current value at which a share of a company is bought or sold in the stock market.