Which of the following statements about market efficiency, Ask an Expert

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Which of the following statements about market efficiency is true?

a) A market can be semi-strong-form and strong-form efficient but not weak- form efficient.

b) A market can be semi-strong-form efficient but not weak-form efficient.

c) A market can be semi-strong-form, weak-form or strong-form efficient but not all simultaneously.

d) A market must be weak-form efficient if it is semi-strong-form efficient.

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Financial Management, Finance

Category:- Financial Management
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