Q176
The weak form of the EMH is supported if successive price changes over time are________.
A.
independent of each other
AnswerB.
negative
C.
positive
D.
lagged
Answer: Option A
Solution
Answer: Option A
Solution:
The weak form of the EMH is supported if successive price changes over time are independent of each other. The efficient-market hypothesis (EMH) is a theory in financial economics that states that asset prices fully reflect all available information.