Q41. with respect the three forms of the efficient market hypothesis (EMH), is the information set associated with the weak-form of the EMH best described as including all information associated with the:

Semistrong -forn of the EMH?             Strong-form of the EMH?

A.       NO                                  NO

B.       NO                                  YES

C.       YES                                  NO

D.       YES                                  YES

答案和详解如下：

Q41.   A   Study Session 13-57.a

The difference among the three forms of the EMH revolves around the information set included in each. The weak form includes public market information, the semi-strong form includes all public information, and the strong form includes all public and private information.

d

thx