Question: a) If the market is only weak-form efficient, can technical analysis be systematically profitable? Briefly explain your answer (2 marks). b) If the market is

a) If the market is only weak-form efficient, can technical analysis be systematically profitable? Briefly explain your answer (2 marks). b) If the market is strong-form efficient, can fundamental analysis be systematically profitable? Briefly explain your answer (2 marks) c) If the market is only weak-form efficient, can a trader consistently make abnormal profits following unexpected earning announcements released by companies? Briefly explain your answer (1 mark)

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