Semi-strong form efficiency can best be described as: A. ...
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Finance
Semi-strong form efficiency can best be described as:
| A. | a market in which trading strategies based on past prices cannot earn abnormal profits. | |
| B. | a market in which trading strategies based on all publicly available information cannot earn abnormal profits. | |
| C. | the ability of investors to earn abnormal profits from the over-reaction of share prices to news. | |
| D. | all information, public and private, is fully impounded in share prices. |
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