Question 5 - [9 marks) Use your knowledge of Efficient Market Hypothesis to answer the following questions: a) Briefly explain the three forms of the Efficient Market Hypothesis. b) For each of the following events, state whether they reconcile or contradict the Efficient Market Hypothesis. Explain your answers. 1) A well-established company has regularly produced large profits to years. 1) Mutual fund managers who outperform the market in one year are likely to do the same the year after Stock prices have a tendency to be more volatile in January than in other months