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An efficient market hypothesis states in which all public or private information is reflected in current market prices is classified as
Answer & Solution
Correct Answer:
Option
D
An efficient market hypothesis states in which all public or private information is reflected in current market prices is classified as strong form efficiency. Strong-form efficiency is a component of the random walk theory and states that market and securities prices are not random and are influenced by past events. Strong-form efficiency is the opposite of weak form efficiency.
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