The "Strong Form" of the Efficient Market Hypothesis States That

question 5

True/False

The "strong form" of the efficient market hypothesis states that prices reflect all public information only.

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Definitions:

Portfolio

An assortment of financial assets encompassing shares, fixed income securities, raw materials, liquid cash, and near-cash items, along with inclusive of pooled investment vehicles like closed-end funds and ETFs.

Industry

An industry is a group of companies that are related based on their primary business activities.

Local Currency Return

The return on an investment denominated in the currency of the country where the investment is made.

Stock Market

A public marketplace for buying and selling stocks, which represent ownership claims on businesses.