priprattemp/2/0076&emid. W SCHOOL 13 Help Ne A Brian He iLearn Question 1b: The founder of Vanguard, John Bogle, said: "The idea that a bell rings to signal when investors should get into or out of the market is simply not credible. After nearly 50 years in this business, I do not know of anybody who has done it successfully and consistently." This quote is most closely related to the theory of: Select one: a. Market efficiency b. Capital structure O c. Payout policy d. Working capital decision e. Term structure of interest rates. Question 2a: A firm's managers should try to boost: Select one: O a. Profits b. Revenues O o c. Share prices. d. Share holder wealth. e. Debt holder wealth Question 3c Two investors are fully diversified. They have portfolio betas of 0.25 and 0.75 respectively. What do expect is the correlation between their portfolios? Assume that the capital asset pricing model (CAPM) correctly describes asset prices Select one: b. 0.75 c.0.5 d. 0.25 e. Not enough information O Question 4b. Assume that markets are efficient so all assets are fairly priced. Expected future returns