Detailed Answer please

(xv) Gurdip plots the historic movements of share prices and uses this analysis to make her investment decisions. To what extent does Gurdip believe capital markets to be efficient? A B C D Strong form efficient (xvi) The A B C D Not efficient at all Weak form efficient Semi-strong form efficient A B (xvii) The semi strong form of the EMH states that the current stock price. C D small-firm-in-January effect is strongest early in the month in the middle of the month late in the month in even-numbered years all security price and volume data all publicly available information all information, including inside information all costless information A Market efficiency B semi strong efficiency C weak form efficiency D Strong form efficiency (1 mark) (xviii) The information which is reflected in current market prices with the help of past price movements are classified as: (1 mark) In terms of capital market efficiency, to which of the following does the investor's belief relate? A Fundamental analysis B Operational efficiency (1 mark) must be reflected in (1 mark) (xix) An investor believes that they can make abnormal returns by studying past share price movements. C Technical analysis D Semi-strong form efficiency (1 mark) Page 5 of 12