Economics · Financial Markets
According to the Efficient Markets Hypothesis (EMH), which of the following correctly describes a weak-form efficient market?
- 1Current asset prices fully reflect all historical price and trading volume information.✓
- 2Current asset prices fully reflect all publicly available information, including financial statements.
- 3Current asset prices reflect all public as well as insider/private information.
- 4The market does not incorporate any information, making technical analysis highly predictable.
Correct answer
Current asset prices fully reflect all historical price and trading volume information.
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