This assignment is an individualassignment.
• The assignment must be submitted inWORD formatonly.
• Assignments submitted through email will not be accepted.
• Students are advised to make their work clear and well presented, marks will be deducted for poor presentation. This includes filling your information on the cover page.
• Students must mention question number clearly in their answers.
• Late submission will NOT be accepted.
• Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions. • All answers must be typed using Times New Romanfont (size 12, double-spaced). No pictures containing text will be accepted and will be considered plagiarism.
Submissions without this cover page will NOT be accepted.
CLO3: Discuss implications of the efficient market hypothesis for the allocation of funds.
CLO4:Compare and contrast the role of and function of organized financial markets and financial intermediaries.