单选题 Which form (s) of the efficient market hypothesis (EMH) is/are tested by measuring a security's excess returns with respect to market returns while considering the security's market risk?
  • A. Weak-form.
  • B. Semi-strong form.
  • C. Strong-form.
【正确答案】 B
【答案解析】One set of tests for the semi-strong form of the EMH examines security performance adjusted for market risk.