5. Geothermal corporation issued a press release before the stock market opened announcing that its earnings were 30% lower than last year's earnings. Explain how each of the following individual scenarios could be consistent with the semi-strong form of market efficiency. (a) When trading opened after the announcement, the stock price quickly increased by 10%. (b) The stock price of Geothermal increased slowly over the 30 days before the announcement. (c) The stock price decreased by 5% immediately following the announcement but then increased throughout the day so that the closing price was only 1% below the previous day. (d) The stock price of Geothermal did not change after the announcement was made public