单项选择题According to EMH knowledge, is the information set associated with the weak-form of the EMH best described as including all information associated with the:semistrong-form of the EMH strong-form of the EMH①A. No No②B. No Yes③C. Yes NoA. ①B. ②C. ③
单项选择题June Rutherford is preparing a research report on Andronicus Fund, an offshore hedge fund that specializes in identifying market pricing inefficiencies and profiting from the arbitrage opportunities they present. Rutherford includes these statements in her report:Statement 1: The rate of return that investors require from Andronicus should reflect the risk that the fund managers will not consistently capture positive abnormal returns from the anomalies they have identified.Statement 2: Arbitrage trading is unlikely to bring about fully efficient prices because Andronicus and other arbitrageurs will not trade if the gains to be captured are less than their transactions costs. Are Rutherford’s statements correctStatement 1 Statement 2①A. Correct Correct②B. Correct Incorrect③C. Incorrect CorrectA. ①B. ②C. ③