According to the Efficient Market Hypothesis

Multiple Choice

According to the efficient market hypothesis

A) one cannot expect to earn an abnormally high return by purchasing a security.
B) information in newspapers and in the published reports of financial analysts is already reflected in market prices.
C) unexploited profit opportunities abound, thereby explaining why so many people get rich by trading securities.
D) all of the above are true.
E) only A and B of the above are true.