3. In market efficiency jargon, if a market is strong form efficient, which of the following pieces of information is already included in the stock price? I. All Historical Information II. All Public Information III. All Private Information a. None b. I only C. I and II only d. I, II, and III pa 4. Suppose you have a portfolio made up of two assets, A and B. At the beginning of a year, Asset A has a beta of 1.14. while Asset B has a beta of 1.69. You have 60% in A and 40% in B. The risk free rate is 3% and the market risk premium is 9%. If at the end of the year, you see that you generated a return of 16%, what is your Jenson's Alpha on the portfolio? a.76% Beta: 1.14x0.6 +1.69 80.4 6. -1.61% = 1:30 C. -4.84% d. 1.81% A = 0. BE04 CARM= 3 + 1.3649) 15.24 Alpha e 10-1 = 0.7 5. Consider the following returns on your portfolio over the past five years: 15.4%, 18%, 21.1%, 8.4%, and 3.6%. Given this, what is your expected loss next year with probability of 5%? a. -8.80% b. 3.50% c. -6.21% d. -3.28%