Can someone help me please. Thank you

Question 1: Investors appear to put too ________ weight on ________ rather than considering ________.

	little; their own experience; all the historical evidence
	much; their own experience; all the historical evidence
	little; historical evidence; their own experience
	much; historical evidence; their own experience
	None of the above

Question 2 : Which of the following statements is false?

	A significant fraction of investors might care about aspects of their portfolios other than expected return and volatility, and so would be unwilling to hold inefficient investment portfolios.
	Although the true market portfolio of all invested wealth might be efficient, the proxy portfolio might not track the actual market very well.
	We might be using the wrong proxy portfolio when we calculate alphas.
	The true market portfolio consists of all traded investment wealth in the economy.
	None of the above

Question 3 : Which of the following statements is false?

	Nonzero alphas may merely indicate that the wrong market proxy is beings used; they do not necessarily indicate forgone positive NPV investment opportunities.
	The true market portfolio contains much more than just stocks, it includes bonds, real estate, art, precious metals, and any other investment vehicles available.
	If the true market portfolio is efficient, but the proxy portfolio is not highly correlated with the true market portfolio, then the true market portfolio will not be efficient and stocks will have nonzero alphas.
	Much of the investment wealth cannot be included in the proxy for the market portfolio since it does not trade in competitive markets.
	None of the above