Which One of the Following Relates to the Relevant Information

Multiple Choice

Which one of the following relates to the relevant information problem encountered when testing market efficiency?

A) ascertaining how historical prices relate to current stock prices
B) determining whether a market reaction was appropriate or overstated
C) correctly estimating the risk level of a security
D) determining what undocumented information existed on any particular trading day
E) identifying patterns that occur over time in the pricing of a particular security