Detailed Answer please

(vi) Which version of the efficient market theory (EMT) states that only past price information is reflected in prices? A B C D [1 Mark] (vii) An investment of $200,000 is expected to generate the following cash inflows in six years: Year 1: $70,000 Year 2: $60,000 Year 3: $55,000 Year 4: $40,000 Year 5: $30,000 Year 6: $25,000 Compute payback period of the investment. 4.235 Years 3.375 Years 2.233 Years 1.775 Years A semi-strong form Strong form Weak form None of the above B C D [2 marks] (viii) XYZ Inc. is looking to invest in some machinery to replace its current malfunctioning one. The new machine, which costs $ 420,000, would increase annual revenue by $ 200,000 and annual expense by $ 50,000. The machine is estimated to have a useful life of 12 years. Calculate the ARR. A 18.34% B 35.44% C 27.38% D 47.48% + [2 marks] Page 4 of 17