Question: Question 3 (Max 300 words each sub-part) (a) How is a share valued and how do share prices incorporate information? Name some events and latest

Question 3 (Max 300 words each sub-part) (a) How
Question 3 (Max 300 words each sub-part) (a) How is a share valued and how do share prices incorporate information? Name some events and latest trends that have influenced the share price movements in the Australian financial market (4 marks) (b) Why is a well-functioning financial system vital for the economy? Does Australia have a well-functioning financial system? Why or why not? In your responses explain using your knowledge of financial institutions, instruments and markets that exist in Australia? (4 marks)

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