(A) At 7pm on 1 August 2024, Cartman Enterprises announces that its annual profit for the past year was $700 million. The market's consensus forecast for Cartman's profit prior to the announcement was $600 million. There has been no other price relevant information about Cartman Enterprises released to the market. If the market is efficient, will Cartman's share price rise, fall or remain the same when the market reopens the following morning? (B) Cartman's share price does change the following morning, however, the share price change does not occur until two hours after the market opens. Is this share price change consistent with an efficient market? (C) Explain why the share price change two hours after the market opens is either consistent or inconsistent with market efficiency. (D) Could a trader have profited from this scenario? If so, how would they have done it? (E) Market analysts believe that Cartman's profit announcement should cause the share price to change by $1. However, the share price change two hours after the market opens is actually $1.50. What type of price reaction is this? (F) What do you expect to happen to the share price in the longer term as a result