Busıness Fınance I Deneme Sınavı Sorusu #859380

_____ of the Efficient Markets Hypothesis states that all publicly available information is fully reflected in prices.

Which of the following best completes the statement above?


Weak form

Semistrong form 

Strong form

Inefficient market overreaction response

Efficient market response


Yanıt Açıklaması:

Semistrong form of the EMH states that all publicly available information is fully reflected in prices. If semistrong form efficiency holds, it should not be possible for investors using publicly available information to obtain consistent excess profits.

Yorumlar
  • 0 Yorum