Which One of the Following Supports the Argument That Financial

question 50

Multiple Choice

Which one of the following supports the argument that financial markets are semistrong-form efficient?

• A)Financial analysts gain a marketplace advantage by studying financial statements.
• B)Only company insiders have a marketplace advantage.
• C)Only historical information is reflected in the market prices of securities.
• D)All information,public and private,is included in current market prices.
• E)Technical analysis based on price patterns provides a marketplace advantage.

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