C) 1.51% D) 3.03% 21) Which of the following statements is TRUE? A) For holding periods of less than a year, the annualized holding period return would be higher than the B) According to CAPM, stocks with greater than average market risk would have an expected return lower C) If the risk-free rate is 1.5% and the MRP is 6 percentage points, then the expected return on the market D) Based on our author's analysis, you would have less confidence about an expected return on 3-Mos. HPR than the expected return on the market. would be 4.5%. Treasury Bills than you would for large company stocks. 2) You buy a stock from which yau n