Please help with the third and final part! Thanks!
State whether each of the following is inconsistent with an efficient capital market, the CAPM, or both: a. A security with only diversifiable risk has an expected return that exceeds the risk-free interest rate. b. A security with a beta of 1 had a return last year of 15% when the market had a return of 9%. c. Small stocks with betas of 1.5 tend to have higher returms on average than large stocks with betas of 1.5 a. A security with only diversifiable risk has an expected return that exceeds the risk-free interest rate. (Select the best choice below.) O A. The statement is consistent with both the CAPM and an efficient capital market. B. The statement is inconsistent with an efficient capital market but not necessarily with the CAPM. C. The statement is inconsistent with both the CAPM and an efficient capital market. D. The statement is inconsistent with the CAPM but not necessarily with an efficient capital market. b. A security with a beta of 1 had a return last year of 15% when the market had a return of 9%. (Select the best choice below.) XA. The statement is inconsistent with an efficient capital market but not necessarily with the CAPM. O B. The statement is inconsistent with both the CAPM and an efficient capital market Cc. The statement is consistent with both the CAPM and an efficient capital market. O D. The statement is inconsistent with the CAPM but not necessarily with an efficient capital market. c. Small stocks with betas of 1.5 tend to have higher returns on average than large stocks with betas of 1.5. (Select the best choice below) O A. The statement is inconsistent with the CAPM but not necessarily with an efficient capital market. O B. The statement is consistent with both the CAPM and an efficient capital market. O C. The statement is inconsistent with both the CAlkM and an efficient capital market. O D. The statement is inconsistent with an efficient capital market but not necessarily with the CAPM