Question: Your broker suggests that you can make consistent excess profits by purchasing stocks on the 1 of the month and selling them on the last

Your broker suggests that you can make consistent excess profits by purchasing stocks on the1 of the month and selling them on the last day of the month. If this is true, then:A. The market is strong-form efficient.B. The market is semi-strong-form efficient.C. The market is weak-form efficient.D. The market is only semi-strong form efficient, but not weak-form efficient.E. None of the above.

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