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Busıness Fınance I
Busıness Fınance I Deneme Sınavı
Busıness Fınance I Deneme Sınavı Sorusu #859380
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.
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