Section B: Students should attempt 2 questions. Each question is worth 25 marks. 11. (a) Ted prefers to use technical analysis as his trading strategy, while Anna prefers to use P/E ratio and D/P ratio. Explain the meanings of these strategies and discuss their usefulness with respect to the different forms of market efficiency. (10 marks) (b) Based on the hierarchy of information efficiency, explain the efficient market hypothesis and discuss the relationship among the three information sets. (15 marks) Arist