Which of the Following Statements Is Most Correct

Multiple Choice

Which of the following statements is most correct?

A) If the stock market is weak-form efficient this means you cannot use private information to outperform the market.
B) If the stock market is semistrong-form efficient, this means the expected return on stocks and bonds should be the same.
C) If the stock market is semistrong-form efficient, this means that high beta stocks should have the same expected return as low beta stocks.
D) Statements b and c are correct.
E) None of the statements above is correct.