Answer which form of the emh is most relevant for trading strategies in each part (weak, semi-strong, and strong). briefly explain why. (a) jane is a close friend of the ceo of hewlett-packard, and she trades stocks of hewlett-packard when she hears confidential news about the company from the friend (note that this is illegal in the us). (b) tom buys ibm stocks when yesterday’s return on coca-cola stocks is higher than the 3-month t-bill rate, and vice versa. (c) mike buys stocks at the nyse whenever each stock’s earnings announcement is better than he expects, and he sells them 90 days later.

The blank is type of decision-maker who over analyzes information

You are head of the schwartz family endowment for the arts. you have decided to fund an arts school in the san francisco bay area in perpetuity. every 5 years, you will give the school $ 1 comma 000 comma 000. the first payment will occur 5 years from today. if the interest rate is 5.9 % per year, what is the present value of your gift?

Jennifer purchased a house in a brand new development in the outskirts of town. when her house was built, the nearest fire department was nearly 20 miles away. as her neighborhood developed, the density of the community called for a new fire department 1.5 miles away. what effect will the new fire station have on her homeowners insurance premium? a. a new fire department will be more demanding on local taxes. her annual premium will go up. b. the location of a fire department has no bearing on the value of her house. her annual premium will stay the same. c. the new fire department will reduce the risk of financial loss in her home. her annual premium should decrease. d. with a fire department so close (less than 5 miles), financial risk on jennifer’s home practically disappears. she will not need to pay insurance anymore.