The broadest information set is included in the ________.
A) weak-form efficiency argument
B) semistrong-form efficiency argument
C) strong-form efficiency argument
D) technical analysis trading method

Question

Quizplus · Accepted Answer

The strong-form efficiency argument states that all information, including private or insider information, is already reflected in the stock price. Therefore, the broadest information set is included in the strong-form efficiency argument. The weak-form and semistrong-form efficiency arguments do not include insider information, and technical analysis is a trading method, not an efficiency argument.

The Broadest Information Set Is Included in the ________