Which ONE of the following statements relates to the strong form of the Efficient Markets Hypothesis?
A. Future share prices can be predicted using historical share price data
B. Share prices reflect all available information known or knowable about the companies in question
C. Privately available information is not instantly reflected in share prices
D. Investors do not always process freely available information accurately
Answer:B
Which ONE of the following statements relates to the strong form of the Efficient Markets Hypothesis?
A. Future share prices can be predicted using historical share price data B. Share prices reflect all available information known or knowable about the companies in question C. Privately available information is not instantly reflected in share prices D. Investors do not always process freely available information accurately