The efficient market hypothesis states that securities are fairly priced and eliminates the possibility of investors earning abnormal gains via arbitrage.
Under the theory, 3 forms of markets are specified which are, strong form, semi-strong form and weak form of efficient markets.
Under the semi strong form of efficient markets, the price of a stock is based upon the available past information and trends as well as current public information available.
Under this form of markets, security prices quickly adjust to latest available public information thereby eliminating the importance of conducting fundamental and technical analysis to unravel price movement trends.
Answer: B. . The business address can be used for Customer Identification purposes and the account can be opened
From the question, we are told that a new customer wants to open an account at a firm and that when he was asked for his street address, he said that he will be moving soon to a different apartment complex and wants to use his business address.
Since the customer will be moving to a new apartment and therefore may not yet know his street address, the customer can use his business address for identification purpose. Therefore, the customer can open the account.