Which form of market efficiency that states that it does no good to scrutinize such publicly available information as a company's financial statements to seek abnormal returns, because market prices will adjust to any good news or bad news contained in such reports as soon as they are made public?
A) Economic efficiency
B) Strong-form efficiency
C) Semistrong-form efficiency
D) Weak-form efficiency
E) Real-time efficiency
Correct Answer:
Verified
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