a. Briefly describe what tests of weak form efficiency are trying to prove (or dis-prove, if you like) and, in general, add a brief paragraph on how they are done (not a lot of detail, just your general understanding. done. b. Describe how a test of semi-strong from efficiency is set up. c. Describe, using the graphs I used in class, what an over-reaction and an under-reaction to a negative news announcement would look AND what a smart trader would do when such an announcement occurs d. Describe, using the graphs 1 used in class, what an over-reaction and an under-reaction to a positive news announcement would look AND what \& smart trader would do when such an announcement occurs