Please answer c-e

a. Define Weak, Semi-Strong and Strong forms of the Efficient Market Hypothesis (EMH).

b. How would you construct a test of the Weak form of the EMH?

c. What have researchers found when testing the Weak form of the EMH?

d. Outline how you would conduct an event study. What efficient market hypothesis are you trying to test?

e. Give an example where researchers have used an event study and what did they find? Was it consistent with the EMH?