Refer to the attachment. Give a detailed explanation.

Suppose that # (1) = -5 and o (1) =0, where o and o are constants. Show that A(t) = 4(0)( 6-ko Wow, and B(1,T) = e (7-)At the quarterly meeting of the Auger Close Investment Club, four members are making proposals for new equity investment for the club. Albert wants to buy shares in Armadillo Adventures, claiming that they have performed poorly in recent weeks and are due an upturn. Brian wants to invest in Biscuits-R-Us. They have recruited a new head of marketing. who has had success at other companies. Brian feels that this new appointment will have a positive effect on the firm. Colin selects shares at random. This quarter he is recommending the club buy into Cash 4 Kidneys PLC. Dennis wants the club to buy shares in Diamond Dentists ("DD"). His brother works for a major health insurer and has insider information that DD's shares will rise sharply in the near future, when it is announced that his company has appointed DD as its "dentist of choice". For each club member, describe how their share selection strategy would work in strongly efficient, semi-strongly efficient, weakly efficient and inefficient markets. [7]