Question:

If security prices exhibits semi-strong form of efficiency, one will not gain if he

A.

Depicts the prices in the form of charts to identify pattern which will beat the market.

B.

Buys stock of a company which has declared a bonus issue or has gone for a stock split

C.

Refers to insiders’ advice

D.

Both (a) and (b) above.

Answer» d. Both (a) and (b) above.