Question 12 (2 points) Treasury bills are currently yielding 4%. A stock with a Beta of 0.8 is expected to yield 10%. What is the expected yield on the market portfolio? 12.00% 6.80% 11.50% 10.00% Question 14 (2 points) A firm has $600,000 in receivables which it sells to a factor at a 3% discount. The average collection period is one month. What is the effective annual interest rate on the factoring arrangement? 36.00% 42.58% 44.13% 37.12% Question 15 (2 points) Saved XYZ Company's has a beta of 1.5. If you invested 25% or your portfolio in XYZ company's shares, and the remainder in a market portfolio, what would be the beta of your entire portfolio? 1.125 1 O 1.375 . 1.5 Question 11 (2 points) Axlrod Corporation builds Snowmobiles. They are forecasting an increase in demand this year due to some new technology they've built that will allow their machines to run better in less snow (due to climate change). This expected demand does not materialize as expected. How would this have affected the firm's balance sheet, and would it be a source or use of cash? Inventories of raw materials will increase, which is a use of cash Finished Goods inventory will decrease, which is a use of cash Accounts Receivable will increase, which is a use of cash Accounts Payable will decrease, which is a use of cash