单选题 Which of the following statements about the implications of tests for the efficient market hypothesis (EMH) is least accurate?
  • A. By purchasing an index fund, an investor can match the market return and minimize costs.
  • B. Other than corporate insiders and market specialists, most traders have monopolistic access to information, which rejects the strong-form EMH.
  • C. The best way to measure the performance of investments professionals is against a randomly selected buy-hold strategy of stocks (assuming the same risk level).
【正确答案】 B
【答案解析】Other than corporate insiders and market specialists, no other group has monopolistic access to information, which supports the strong-form EMH. The other statements are true.