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Basic Question 1 of 20
Which of the following is a statement of weak-form efficiency?
B. If the markets are efficient in the weak form, then prices will adjust immediately to public information.
C. If the markets are efficient in the weak form, then prices reflect all information.
A. If markets are efficient in the weak form, then it is impossible to make consistently superior profits by using trading rules based on past returns.
B. If the markets are efficient in the weak form, then prices will adjust immediately to public information.
C. If the markets are efficient in the weak form, then prices reflect all information.
User Contributed Comments 3
| User | Comment |
|---|---|
| saltnvinegar | technical analysis is useless and no predictions can be based on past data. |
| Creep | Technical analysts assume the market is weak form, INEFFICIENT |
| khalifa92 | just inefficient |
I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes
Learning Outcome Statements
describe market anomalies
CFA® 2025 Level I Curriculum, Volume 3, Module 3.