The hypothesis that market prices reflect all available information of every kind is called ________ form efficiency.
A)stable
B)weak
C)semistrong
D)strong
E)open

Question

Quizplus · Accepted Answer

Strong form efficiency hypothesis states that the market prices reflect all available information of every kind, including public and private information. This means that even insider information cannot be used to generate abnormal returns, as it's already reflected in the market prices.

The Hypothesis That Market Prices Reflect All Available Information of Every