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The market price of a stock moves or fluctuates daily. Thisfluctuation is: A. incon

The market price of a stock moves or fluctuates daily. Thisfluctuation is:

 

 

A. inconsistent with the semistrong efficient market hypothesisbecause prices should be stable.

 

 

B. inconsistent with the weak form efficient market hypothesisbecause all past information should be priced in.

 

 

C. consistent with the semistrong form of the efficient markethypothesis because as new information arrives daily prices willadjust to it.

 

 

D. consistent with the strong form because prices are controlledby insiders.

 

 

E. None of these.

Nov 30 2019 View more View Less

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