单选题 Which of the following statements is INCORRECT? A. The strong-form EMH assumes cost free availability of all information, both public and private. B. The weak-form EMH suggests that fundamental analysis will not provide excess returns while the semi-strong form suggests that technical analysis cannot achieve excess returns. C. The semi-strong form EMH addresses market and non-market public information.
【正确答案】 B
【答案解析】The weak-form EMH suggests that technical analysis will not provide excess returns while the semi-strong form suggests that fundamental analysis cannot achieve excess returns.