IDNLearn.com is designed to help you find reliable answers to any question you have. Ask anything and receive comprehensive, well-informed responses from our dedicated team of experts.

Which of the following statements about capital market efficiency is/are correct?
I. Insider information cannot be used to make abnormal gains in a strong form efficient capital market
II. In a weak form efficient capital market, share prices react to new information the day after it is announced
III. Share prices reacts quickly and accurately to newly released information in a semi-strong form efficient capital market
A. I and II only
B. I and III only
C. III only
D. I, II, and III


Sagot :

We appreciate your contributions to this forum. Don't forget to check back for the latest answers. Keep asking, answering, and sharing useful information. Thank you for choosing IDNLearn.com. We’re dedicated to providing clear answers, so visit us again for more solutions.