If a stock is in equilibrium then: Its return is the market average Its return is higher than the required return Its return can be predicted with complete certainty None of the above The expected return on a stock is: Determined using a Beta coefficient Includes anticipated growth projections Always equals the required return Is always higher than the required return Zero coupon bonds (pay no interest coupon) are: Priced at a significant discount to Par (FV) Not valued by investors Much riskier than bonds that pay regular interest Will never reach par value