The semi-strong form of market eﬃciency is best described as a market where _____ reﬂected in the current security prices.

Question

Quizplus · Accepted Answer

The semi-strong form of market efficiency is characterized by the idea that all publicly available information is reflected in the current security prices. This includes all information that is available to the general public, such as financial reports, news releases, and other market data. However, it does not include insider information, which is not yet publicly available. Therefore, options A, B, D, and E are all incorrect.

The Semi-Strong Form of Market Eﬃciency Is Best Described as a Market