Questlon 1 1 ' 10 points Save Answer Under the prospect theory probability weighting function R Individuals overweight all probabilities in their decision-making \" Individuals overweight low probability events in their decision-making \\ Individuals overweight the probabilities of more recent outcomes in their decision-making and underweight the probabilities of things that have happened in the more distant past \\ Individuals underweight all probabilities in their decision-making Qustlon 12 ' 10 points Save Answer Suppose that the semi-strong form of the Efficient Markets Hypothesis holds. If an investor is aware of the news of a possible CEO turnover in a public rm, he/she can make abnormal return when: The rm does a press release to announce this information The turnover was proved by the board of directors but hasn't been made public The current CEO tells his/her friends about the news \\ Both 1 and 2 Both 1 and 3 \" Both 2 and 3 Question 13 Which of the following is not a feature 0f prospeCt theory Reference dependence Risk aversion over all gambles ovemeighting of small probabilities Loss aversion