Get an AnswerEvaluate the impact on the share price of Friends Life and Aviva following the above news announcement. Does the movement of share price reflect the insights from Efficient Market Hypothesis (EMH)?Smart Writing ServicesOctober 25, 2017 7:42 amOctober 25, 2017Previous ArticleConduct comprehensive valuation on Friends Life prior to the acquisition announcement. Your valuation should use relevant valuation technique(s) to arrive at an appropriately discounted present value (per share) for Friends LifeNext ArticleConsider current trends in media consumption in Australia. What do these trends suggest about the viability of the media sector you have chosen? What are its prospects and challenges compared to other sectors. Any present regulations and implications?