s announcements   b. earnings announcements and rates o

Microeconomics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506893
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
ChapterST3: The Stock Market: Its Function, Performance, And Potential As An Investment Opportunity
Section: Chapter Questions
Problem 4CQ
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which one is correct?

According to the semistrong-form efficient market hypothesis, which of the following types of information are fully reflected in stock prices?
  a.
dividend and earnings announcements
  b.
earnings announcements and rates of return
  c.
rates of return, trading volume, and news about the economy
  d.
All of these are correct.
  e.
rates of return, trading volume, and block trades
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