If a market is strong form efficiency,it also implies that:
A)semistrong efficiency holds.
B)weak form efficiency holds.
C)one cannot earn abnormal returns with inside information.
D)Both A and C.
E)A,B and C.

Question

Quizplus · Accepted Answer

In a strong form efficient market, all information (public and private) is reflected in stock prices. This implies that semistrong and weak form efficiencies also hold, and one cannot earn abnormal returns even with inside information.

If a Market Is Strong Form Efficiency,it Also Implies That