Multiple Choice
Which statement best explains the semi-strong form of the efficient securities market hypothesis?
A) A market in which the prices of securities traded in that market at all times properly reflect all information that is publicly known about those securities.
B) A market in which the prices of securities traded in that market reflect all information, whether publicly or privately known.
C) A market in which the prices of debt securities traded in that market reflect all information that is privately known about those securities.
D) A market in which the prices of equity securities traded in that market reflect all information that is privately known about those securities.
Correct Answer:
Verified
Correct Answer:
Verified
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