Multiple Choice
Which one of the following statements is NOT true?
A) Weak-form market efficiency implies that investors who have access to inside or private information will be able to earn abnormal returns.
B) Semi-strong form market efficiency implies that investors who have access to inside or private information will be able to earn abnormal returns.
C) Strong-form market efficiency implies that investors who have access to inside or private information will be able to earn abnormal returns.
D) None of the above.
Correct Answer:
Verified
Correct Answer:
Verified
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