Markets tend to respond quickly to new information
Which of the following statements related to market efficiency tend to be supported by current
I. Markets tend to respond quickly to new information.
III. Short-run prices are difficult to predict accurately based on public information.
IV. Markets are most likely strong-form efficient.
I and III only
II and IV only
I and IV only
I, III, and IV only
I, II, and III only
None of the options are correct