1. Inside information has the least value when financial markets are:
Weak form efficient.
Semi weak form efficient.
Semi strong form efficient.
Strong form efficient.
Inefficient.
2. The U.S. Securities and Exchange Commission periodically charges individuals with insider trading and claims those individuals have made unfair profits. Given this, you would be most apt to argue that the markets are less than _____ form efficient.
Weak
Semi weak
Semi strong
Strong
Perfect