If Alphabet Company's inventory conversion period is 60 days, its payables deferral period is 40 days, and its receivables conversion period is 45 days, then its cash conversion cycle must be days. 25 55 It cannot be determined from information given. 15 65 Question 10 (3.33 points) Which of the following is FALSE? The unsystematic risk is diversifiable. With the ability to borrow and lend at the risk-free rate; there is one BEST efficient risky portfolio to hold, the tangency portfolio (identified by the tangent point of the capital market line and the efficient frontier). The market risk is diversifiable. The efficient portfolios provide the highest expected return for a a given level risk (i.e., the standard deviation). The net present value of a project is normally distributed with an expected value of $206,280 and a standard deviation of $90,050. Determine the probability that the project will have a net present value of less than zero. Derietioas frem the Meon! 3.30% 33.00% 11.00% 1.10%