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QUESTION

Which of the following statements is/are correct regarding the semi-strong form of the efficient market hypothesis?

 Which of the following statements is/are correct regarding the semi-strong form of the efficient market hypothesis?

I. It validates the use of technical analysis in determining stock prices.

II. Current stock prices are inclusive of both public and private information.

A. Only I. B. Only II. C. Both I and II. D. Neither I nor II.

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