If you believe in the _________ form of the EMH,you believe that stock prices reflect all available information,including information that is available only to insiders.
A) semistrong
B) strong
C) weak
D) all of these
E) none of these

Question

Quizplus · Accepted Answer

The strong form of the EMH states that stock prices reflect all available information, including insider information. Therefore, if you believe in the strong form of the EMH, you believe that stock prices reflect all available information, including information that is available only to insiders. The semistrong and weak forms only partially reflect all available information, and thus do not include insider information.

If You Believe in the _________ Form of the EMH,you