Statements regarding the efficient market hypothesis

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Which of the following statements regarding the efficient market hypothesis (EMH) is incorrect?

A. An efficient market is a perfect market where you can make large profits.  

B. If the market is efficient in its strong form, it reflects all available, public and private, information.  

C. The semi-strong form efficiency means that market prices reflect all publicly available information.  

D. A market that only reflects the past price and volume information is a weak-form efficient market.

Reference no: EM13806184

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