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. semi-strong
b. strong
c. weak
d. semi-strong, strong, and weak
e. hard

Respuesta :

Answer:

The correct answer is letter "A": semi-strong.

Explanation:

The Semi-strong form of the Efficient Market Hypothesis (EMH) states that a security's price fluctuation is the result of public, available information. According to this approach, fundamental and technical analysis remain useless to "predict" what the future price of the asset could be.