9. True or False (1 point): A classic test of whether markets are efficient at the Semi-Strong level is to develop event studies to observe market reactions to significant events such as deal announcements, an announced dividend cut as examples. 10. True or False (1 point): A corporate raider is an investor who buys a large number of shares in a corporation whose assets appear to be undervalued. This gives the investor significant voting rights, which can then be used to push changes in the company's leadership and management. (They hope) this would increase share value and thus generate a massive return for the investor