Please select the correct multiple choice for each question. Thank you will give good ratings for accuracy

13. You forecast that CSCO has a ate of return of 0.15. It has a beta of 1. The risk-free rate is 0.04 and the market expected rate of return is 0.14. According to the Capital Asset Pricing Model, this security is A. overpriced. B. underpriced C. fairly priced. D. Cannot be determined from data provided 14. To identify which stock would be more appropriate for (1) a well-diversified portfolio, and (2) a single-stock portfolio, what criteria should an investor use? ( 1 ) Alpha, (2) Sharpe Ratio B. (1) Beta, (2) Alpha C. (1) Alpha, (2) Beta D. (1) SMB, (2) HML 15. You are considering acquiring a common stock that you would like to hold for one year. You expect to receive both $2.50 in dividends and $28 from the sale of the stock at the end of the year. The maximum price you would pay for the stock today is if you wanted to earna 15% return. A. $23.91 B. S24.11 C.$26.52 D. $27.50 16. High Tech Chip Company paid a dividend last year of $2.50. The expected ROE for next year is 12.5%. An appropriate required return on the stock is 11%. If the firm has a plow back ratio of 60%, the dividend in the coming year should be A. $1.00. B. $2.50. C. $2.69 D. $2.81. 17. Which one of the following statements best defines the efficient market hypothesis? A All securities in an efficient market are zero net present value investments. B. Efficient markets limit competition. C. Security prices in efficient markets remain steady as new information becomes available D. Profits are removed as a market incentive when markets become efficient. 18. Proponents of the EMH think technical analysts A. should focus on relative strength. B. should focus on financial statements C. should focus on more recent history D. are wasting their time