lultiple Value 0.80 9) Ceeficients 4.05 Error 15.44 0.26 Interee 9) Rmarket D) 15.44; .97 The characteristic line for this stock is Rstock A,4.05; 1.32 B) .26; 1.36 C).35; .12 found in the fund's A) 12b-1 forms caneription of a particular mutual fund's planned investment policy can be r B) investment statement D) prospectus C) indenture 11) You short-sell 200 shares of Tuckerton Trading Co., now selling hare. What for $50 per s is your maximum possible loss? B) $50 D) unlimited market expected D) 3.7% A) $10,000 $150 12) Security A has an expected rate of return of 12% and a beta of 1.1. The 12) rate ofreturn is 8%, and the risk-free rate is 5%. The alpha of the stock is A) 5.5% B)-1.7% C) 8.7% 13) Arbitrage is based on the idea that 13) A) assets with identical risks must have the same expected rate of return B) markets are perfectly efficient c the expected returns from equally risky assets are different D) securities with similar risk should sell at different prices 14) Th e the ratio of municipal bond yields to corporate bond yields, the n the cutoff tax bracket at which more individuals will prefer to hold municipal debt. A) higher; lower B) lower; lower C) higher, higher D) The answer cannot be determined without more information