1. You read corporate prospectuses, research new technologies trends, and stay on top of the changing tastes of consumers. You will be able to consistently earn profits if markets are which forms of efficient? (Select all that apply)

A. Not Efficient

B. Semi Strong Form Efficient

C. Strong Form Efficient

D. Answer is not possible or not listed

E. Weak Form Efficient

2. Explain why a current account deficit indicates that country is using more goods and services than it is producing.

3. Answer these questions about options on a stock which has exercise price $100 per share and current premium of $5 per share: If someone buys the call on this stock, what is the maximum loss per share? Explain.