The efficient market hypothesis holds that that financial markets price assets at their intrinsic worth, given all available information. Which of the following forms of the efficient market hypothesis defines all available information as knowledge of past security prices? Select one: a . Semi - weak b. The answer does not exist c. Strong d. Semi - strong

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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The efficient market hypothesis holds that that financial markets price assets at their intrinsic
worth, given all available information. Which of the following forms of the efficient market
hypothesis defines all available information as knowledge of past security prices? Select one: a
. Semi - weak b. The answer does not exist c. Strong d. Semi - strong
Transcribed Image Text:The efficient market hypothesis holds that that financial markets price assets at their intrinsic worth, given all available information. Which of the following forms of the efficient market hypothesis defines all available information as knowledge of past security prices? Select one: a . Semi - weak b. The answer does not exist c. Strong d. Semi - strong
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