The hypothesis that market prices reﬂect all publicly available information is called _____ form eﬃciency.
A)open
B)strong
C)semi-strong
D)weak
E)stable

Question

Quizplus · Accepted Answer

The hypothesis that market prices reflect all publicly available information is called the semi-strong form efficiency. The other choices are either too broad (open and stable) or not specific enough to capture the idea of incorporating all public information (weak and strong).

The Hypothesis That Market Prices Reﬂect All Publicly Available Information