If you believe in the ________ form of the EMH,you believe that stock prices reflect all relevant information including historical stock prices and current public information about the firm,but not information that is available only to insiders.
A)semistrong
B)strong
C)weak
D)A, B, and C
E)none of the above

Question

Quizplus · Accepted Answer

The semistrong form of the EMH states that stock prices reflect all publicly available information, including historical stock prices and current public information about the firm, but not information that is available only to insiders. The strong form of the EMH would include insider information, while the weak form would only include historical stock prices.

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