"Stock markets have dramatically fallen in value recently due to the current COVID-19 pandemic. Central banks quickly lowered interest rates. There is great uncertainty about the economy, as shown by wide day. to-day price swings of stocks." a Explain how these events are affecting the Security Market Line based on the CAPM. (3 Marks) b. Do you think that the large day-to-day swings in stock prices makes the efficient Market Hypothesis valid? Why? (3 Marks) c. What do you think happened to the yield and price of Hollis Ltd's 10-year bond over the last few days based on current market conditions as described at the top of this