Answer all questions please

7. Semistrong form market efficiency states that the value of a security is based on: A. all public and private information. B. historical information only. C. all publicly available E. publicly information plus that can be gathered from insider trading. random information with clear distinction as to the source of that information. 8. The systematic risk principle states that the expected return on a risky asset de only on the risk, A. unique B. diversifiable C. asset-specific D. unsystematic E. market 9. Which one of the following best exemplifies unsystematic risk? A. Unexpected increase in the variable costs for a firm B. Unexpected increase in interest rates C. Unexpected economic collapse D. Sudden decrease in inflation E. Expected increase in tax rates 10. Which one of the following portfolios will have a beta of zero? A. A portfolio that is equally as risky as the overall market B. A portfolio that consists of a single stock C. A portfolio comprised solely of U.S. Treasury bills D. A portfolio with a positive variance ofreturns E. No portfolio can have a beta of zero Part II. Questions 11-23 are worth 3 points each. 11. Molly is considering a project with cash inflows of s811, s924, s638, and s510 over the next four years, respectively. The relevant discount rate is 11.2 percent. What is the net present value of this project if it the start-up cost is S2,700? A. 425.91 B. -$131.83 C. $383.01 D. $10.45 E. $229.50