Question

Semistrong form market efficiency states that the value of a security is based on: Multiple Choice

a. all public and private information.
b. historical information only.
c. all publicly available information.
d. all publicly available information plus any data that can be gathered from insider trading.
e. random information with no clear distinction as to the source of that information.

Answer 1

Answer:

c. all publicly available information.

Explanation:

The market efficiency states i.e. semi strong whose the security value would be depend upon the information i.e. publicly available

Therefore according to the given situation, the option c is correct

And, the same is to be considered

ANd, all the other options are wrong

So the option c is to be chosen