问题 单项选择题

Which of the following statements regarding capital market efficiency is TRUE()

A. Study results generally do not support the p form of the efficient market hypothesis.

B. Event studies and time series tests provide evidence that markets do not tend to be semip form efficient.

C. Corporate insiders and stock exchange specialists have monopolistic access to information that can be used to obtain positive abnormal returns.

答案

参考答案:C

解析:

In general, study results support the strong form of the efficient market hypothesis. Exceptions include corporate insiders and exchange specialists since they appear to have monopolistic access to important information that may allow them to achieve positive abnormal returns.

问答题
单项选择题