Question 1081 market efficiency, no explanation
If markets were NOT semi-strong form efficient, then it’s possible for:
(a) Insiders to make positive abnormal returns using inside information obtained illegally.
(b) Fundamentalists to make positive abnormal returns by conducting industry analysis.
(c) Chartists to make positive abnormal returns from studying past price trends.
(d) All of the above.
(e) Insiders and fundamentalists to make positive abnormal returns.