Multiple Choice
According to the semistrong form of market efficiency,when new information becomes available in the market:
A) stock prices will remain unchanged because they already reflect this information.
B) stock prices will accurately and rapidly adjust to reflect this new information.
C) stock prices will adjust to accurately reflect this new information over the course of the next few days.
D) stock prices will most likely increase because all new information has a positive effect on stock prices.
Correct Answer:

Verified
Correct Answer:
Verified
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