Question 13 Suppose total volatility is 75% and the market volatility is 15%. For a stock with a beta of 1.25, what is the diversifiable risk in standard deviations? 72.62% 18.75% 52.73% 0 3.52% Question 14 Under CAPM. if your 100 stock portfolio has "alpha", then it means: O your average returns are higher than the average market return O you have positive market-adjusted returns None of the choices O you have diversified away any idiosyncratic risk Question 15 A 15-year bond has an annual coupon rate of 8%. The coupon rate will remain fixed until the bond matures. The bond has a yield to maturity of 6%. Which of the following statements is correct? If market interest rates remain unchanged, the bond's price one year from now will be lower than it is today. If market interest rates remain unchanged, the bond's price one year from now will be higher than it is today. If market interest rates decline, the price of the bond will also decline. The bond is currently selling at a price below its par value. The bond should currently be selling at its par value