Question: 5. With regard to market efficiency, identify the INCORRECT statement. a. Information is the central issue of the efficient markets concept. b. The most stringent

 5. With regard to market efficiency, identify the INCORRECT statement. a.

5. With regard to market efficiency, identify the INCORRECT statement. a. Information is the central issue of the efficient markets concept. b. The most stringent form of market efficiency is the strong form. Markets with semi-strong form efficiency do not necessarily satisfy weak-from efficiency condition. d. Price data are useful in weak form efficient market. c

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