Which of the following statement related to homeownership and housing investments is incorrect? Select one: (\"I a. The main residence of a person is exempted from capital gain tax. (\"I b. A common strategy of property investment in Australia is negative gear where the income generated from an investment property is less than the costs of maintaining the investment. O c. Interests on mortgage debt of home property and investment property are both tax deductible in Australia. C" d. Direct property investment involves large initial cash outlay and is relatively illiquid. C" e. The governments provide various benets to assist first homebuyers in Australia. Which of the following statement is correct? Select one: r}. a. In an efficient market, there is no diversification benefits A. b. Efficient market hypothesis guarantees higher returns for high risk investments A c. If an investor cannot use historical trading information (such as price, trading volume, bid and ask spread etc.) to make superior risk-adjusted risk. than the market is weak form efficient A d. In an efficient market, the risk premium will be constant over time A . 9. All three forms of efficient market hypothesis are generally supported by empirical studies