If the Financial Markets Are Semistrong Form Efficient, Then

Multiple Choice

If the financial markets are semistrong form efficient, then:

A) only the most talented analysts can determine the true value of a security.
B) only individuals with private information have a marketplace advantage.
C) technical analysis provides the best tool to use to gain a marketplace advantage.
D) no one individual has an advantage in the marketplace.
E) every security offers the same rate of return.