An investor discovers that predictions about weather patterns published years in

Question

An investor discovers that predictions about weather patterns published years in advance and found in the Farmer's Almanac are amazingly accurate. In fact, these predictions enable the investor to predict the health of the farm economy and therefore certain security prices. This finding is a violation of the: Select one: a. moderate form of the efficient market hypothesis. b. semistrong form of the efficient market hypothesis. c. strong form of the efficient market hypothesis. d. weak form of the efficient market hypothesis. e. None of these.

Explanation / Answer

violation of : b) semistrong form of the efficient market hypothesis

because in semi strong form of efficient market hypothesis, the publicly available information incorporate the price of the stock.

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