1- In case of bankruptcy of any listed firm:

Shareholder and Bonds owners will claim their money at the same time

Shareholders and Bonds owners will not claim their money

Shareholders and Bond owners both have joint responsibility

None

2- Efficient market hypothesis assumes that:

All market information available

Prices reflected level of transparency and disclosure

Holds that the expected return on a security equals the equilibrium return

All

Kindly prove your answer and be accurate with both questions