Question

There are three forms of the efficient market theory. Tests that have found there are no patterns in share price changes provide evidence for the ____ form of the theory. Evidence for the ____ form of the theory is provided by tests that look at how rapidly markets respond to new public information, and evidence for the ____ form of the theory is provided by tests that look at the performance of professionally managed portfolios.

Answer 1

Answer:

Weak; Semistrong; Strong.