Question: In which forms of market efficiency, can P 0 /E 1 generate positive abnormal returns? A. Weak form of efficiency and semi-strong form of efficiency

In which forms of market efficiency, can P0/E1 generate positive abnormal returns?

A.

Weak form of efficiency and semi-strong form of efficiency

B.

Only strong form of efficiency

C.

Only semi-strong form of efficiency

D.

Only weak form of efficiency

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