Which of the Following Is Consistent with the Semi-Strong Form

question 25

Multiple Choice

Which of the following is consistent with the semi-strong form efficient market hypothesis?

• A)So-called value shares outperform growth shares.
• B)Shares that have performed well over the past year continue to perform well for several more months.
• C)A company announces higher than expected sales and earnings.The share price immediately increases by 10%.
• D)A company announces higher than expected sales and earnings.The share price remains unchanged.

---

Definitions:

Descartes

A 17th-century French philosopher, mathematician, and scientist who made significant contributions to the development of modern philosophy and the theory of knowledge.

Artistic Relics

Historical objects or pieces of art which hold cultural, religious, or sentimental value, often preserved due to their significance.

Emotional Expressions

The way emotions are outwardly displayed and communicated to others through facial expressions, voice pitch, body language, and other behaviors.

Darwin

Charles Darwin, a 19th-century naturalist, geologist, and biologist known for his theory of evolution through natural selection.