If the Market Is Semi-Strong Form Efficient, Then Technical Analysts

question 5

Multiple Choice

If the market is semi-strong form efficient, then technical analysts __________ earn excess returns and fundamental analysts __________ earn excess returns.

• A) can; can
• B) can; cannot
• C) cannot; can
• D) cannot; cannot
• E) Answers cannot be determined based on the information provided.

---

Definitions:

Functional Group

A specific grouping of atoms within molecules that have characteristic chemical reactions regardless of the molecules they are part of.

Structurally Isomeric

Pertains to molecules that have the same molecular formula but feature different physical structures.

Amines

Organic compounds and functional groups containing a basic nitrogen atom with a lone pair, deriving from ammonia by replacing one or more hydrogen atoms with organic groups.

Soluble

Capable of being dissolved in a solvent, such as a liquid, especially water.