问题 单项选择题

Studies from which form(s) of the efficient market hypothesis (EMH) provide evidence that security prices adjust so quickly to a public announcement that it is not possible for investors to realize significant abnormal returns after a public announcement has been made()

A. semip-form of the EMH.

B. weak-form of the EMH

C. p-form of the EMH

答案

参考答案:A

解析:

Event study results provide strong evidence in support of the semistrong-form of the EMH. However, time series and cross-sectional tests provide mixed evidence of semi-strong form efficiency.

单项选择题
单项选择题 A1/A2型题