Which of the following statements is (are) correct? A.If a market is weak-form e
ID: 2779693 • Letter: W
Question
Which of the following statements is (are) correct?
A.If a market is weak-form efficient, it is also semi-strong-form and strong-form efficient.
B.If a market is semi-strong-form efficient, it is also strong-form efficient.
C.If a market is not semi-strong-form efficient, it must also be not weak-form efficient.
D.If a market is not strong-form efficient, it must be neither semi-strong- nor weak-form efficient.
E.If a market is not weak-form efficient, it must be neither semi-strong- nor strong-form efficient
Explanation / Answer
Option E is correct.
If a market is not weak (Strong) from efficient, it must be neither semi strong nor strong from efficient. In other words if a market is strong from efficient, it is also semi weak and weak from efficient.
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