a) i. Explain what is meant by the term 'semi-strong form market efficiency'. (10% ii. Define 'fundamental analysis and critically evaluate the implications of a semi-strong form efficient market for fundamental analysis. (20% b) The 'Small Firm Effect' is an efficient market anomaly. Required: i. Explain what is meant by the term 'efficient market anomaly'. (10% ii. Explain and critically assess possible rational explanations for the Small Firm Effect. Your answer should refer to relevant empirical evidence. (209 c) In behavioural finance, overconfidence is often described as an information processing error. Required: i. Explain what is meant by the term 'information processing errors' and critically assess its significance in behavioural finance. (20% ii. Critically evaluate the importance of overconfidence in investment decision making. (20