The semi-strong form of the EMH:
A) suggests that technical trading rules can be used advantageously.
B) encompasses the strong form of the EMH.
C) states that publicly available information can be used to earn abnormal returns.
D) encompasses the weak form of the EMH.

Question

Quizplus · Accepted Answer

The semi-strong form of the Efficient Market Hypothesis (EMH) asserts that all publicly available information is already reflected in stock prices, thus it encompasses the weak form, which only considers past price information.

The Semi-Strong Form of the EMH