please do both parts in 30 minutes please urgently... I'll give you up thumb definitely

d) Before your colleague submits their report, the war in Ukraine starts and as a result the price of wheat has doubled overnight. Your colleague adds this new piece of information to their report and conclude that this is a validation for their original conclusion that the price of wheat was too low. Explain whether your colleague is now biased, and discuss any bias that can be identified in this context (if any). [2 marks] e) After reading the report the CEO tells you that based on the report they believe now that the wheat market is not efficient and that the supermarket could make huge profits by just 5 MACT8350/2022R using the knowledgeable forecasts of your colleague. Discuss the CEO's belief in the context of efficient market theory. [6 marks] a) Briefly discuss what is meant by behavioural finance. [2 marks] b) You are working in the research department of a major supermarket chain. One of your colleagues has analysed intensively the price of wheat on the market. Wheat has been very cheap for the last three years and your colleague believes that wheat has been underpriced by the market. In a report for the CEO your colleague writes that they are 95% sure that price of wheat will increase in the coming year. The CEO asks you whether it is possible that their advice is biased. Please explain your answer in the context of behavioural finance. [4 marks] c) Explain in the context of CAPM whether the alpha of wheat is positive or negative. In your answer, please make sure to provide a diagram. [6 marks] d) Before your colleague submits their report, the war in Ukraine starts and as a result the price of wheat has doubled overnight. Your colleague adds this new piece of information to their report and conclude that this is a validation for their original conclusion that the price of wheat was too low. Explain whether your colleague is now biased, and discuss any bias that can be identified in this context (if any). [2 marks] e) After reading the report the CEO tells you that based on the report they believe now that the wheat market is not efficient and that the supermarket could make huge profits by just 5 MACT8350/2022R using the knowledgeable forecasts of your colleague. Discuss the CEO's belief in the context of efficient market theory. [6 marks] Total: [20 marks] d) Before your colleague submits their report, the war in Ukraine starts and as a result the price of wheat has doubled overnight. Your colleague adds this new piece of information to their report and conclude that this is a validation for their original conclusion that the price of wheat was too low. Explain whether your colleague is now biased, and discuss any bias that can be identified in this context (if any). [2 marks] e) After reading the report the CEO tells you that based on the report they believe now that the wheat market is not efficient and that the supermarket could make huge profits by just 5 MACT8350/2022R using the knowledgeable forecasts of your colleague. Discuss the CEO's belief in the context of efficient market theory. [6 marks] a) Briefly discuss what is meant by behavioural finance. [2 marks] b) You are working in the research department of a major supermarket chain. One of your colleagues has analysed intensively the price of wheat on the market. Wheat has been very cheap for the last three years and your colleague believes that wheat has been underpriced by the market. In a report for the CEO your colleague writes that they are 95% sure that price of wheat will increase in the coming year. The CEO asks you whether it is possible that their advice is biased. Please explain your answer in the context of behavioural finance. [4 marks] c) Explain in the context of CAPM whether the alpha of wheat is positive or negative. In your answer, please make sure to provide a diagram. [6 marks] d) Before your colleague submits their report, the war in Ukraine starts and as a result the price of wheat has doubled overnight. Your colleague adds this new piece of information to their report and conclude that this is a validation for their original conclusion that the price of wheat was too low. Explain whether your colleague is now biased, and discuss any bias that can be identified in this context (if any). [2 marks] e) After reading the report the CEO tells you that based on the report they believe now that the wheat market is not efficient and that the supermarket could make huge profits by just 5 MACT8350/2022R using the knowledgeable forecasts of your colleague. Discuss the CEO's belief in the context of efficient market theory. [6 marks] Total: [20 marks]