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Question 1 2 pts An investor discovers that for a certain group of stocks, large positive price changes are always followed by large negative price

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Question 1 2 pts An investor discovers that for a certain group of stocks, large positive price changes are always followed by large negative price changes. This finding is a violation of the moderate form of the efficient market hypothesis. strong form of the efficient market hypothesis. weak form of the efficient market hypothesis. semi-strong form of the efficient market hypothesis. none of the above Question 2 2 pts The Two Dollar Store has a cost of equity of 11.1 percent, the YTM on the company's bonds is 5.7 percent, and the tax rate is 35 percent. If the company's debt-equity ratio is .46, what is the weighted average cost of capital? 8.23% 6.03% 8.77% 7.55% 9.35% Question 3 2 pts Fire Hydrant Pet Supply just paid its first annual dividend of $0.75 a share. The firm plans to increase the dividend by 2.9 percent per year indefinitely. What is the firm's cost of equity if the current stock price is $16.90 per share? 7.47 percent 14.64 percent 9.78 percent 5.34 percent 4.33 percent

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