Which of the following is true about the market?
-If you can beat the market with fundamental analysis then the market is strong form efficient
-If the market is strong form efficient then the market is also semi-strong form efficient
-If you can beat the market using technical analysis then the market is semi-strong form efficient
-If the market is weak form efficient then the market is also semi-strong form efficient
Which of the following is true if the market is efficient?
-Stock prices will underreact to new information; but, adjust to a new equilibrium within 3 business days
-Stock prices should react quickly and accurately to new information
-Stock prices will overreact to new information and adjust to a new equilibrium within 7 days
-Stock prices should adjust slowly to new information