strong-form EMH only, hypothesis, advantage, available, efficient

hanvinh

The strong-form of the efficient market hypothesis states that:

I. security prices reflect all publicly available information.
II. insider information contains no special advantage.
III. major market events can be predicted.

A. II only.
B. I and II.
C. I, II and III.

Bluetick1010

yeah I gave the same wrong answer; I do not really get the point qs to why III should be excluded.

If anyone can clarify; Thanks in advance

amqata

ha ok historical data is the key then; the III choice deals with futur major market event.

My mistake, thanks cfagoal !