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20 March, 07:05

Which of the following statements is (are) correct? a. If a market is strong-form efficient, it is also semistrong - and weak-form efficient. b. If a market is semistrong-form efficient, it is also strong-form efficient. c. If a market is weak-form efficient, it is also semistrong - and strong-form efficient. d. If a market is strong-form efficient, it is also semistrong - but not weak-form efficient.

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  1. 20 March, 07:22
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    d

    Explanation:

    d. If a market is strong-form efficient, it is also semistrong - but not weak-form efficient.
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