According to the Semistrong Form of the Efficient Markets Hypothesis

Multiple Choice

According to the semistrong form of the efficient markets hypothesis, ________.

A) stock prices do not rapidly adjust to new information
B) future changes in stock prices cannot be predicted from any information that is publicly available
C) corporate insiders should have no better investment performance than other investors even if allowed to trade freely
D) arbitrage between futures and cash markets should not produce extraordinary profits