Question 18 2 pts Stock J has a beta of 1.47 and an expected return of 15.8 percent. Stock Khas a beta of 1.05 and an expected return of 11.9 percent. What is the risk-free rate if these securities both plot on the security market line? 3.88 percent 3.34 percent 2.15 percent 4.68 percent 4.41 percent Question 19 2 pts Assume the securities markets are strong form efficient. Which one of the following is expected to occur? Each security in the market will have an annual rate of return equal to the risk-free rate. The risk premium on any security in that market will be zero, The prices of each security will fall to zero because the net present value of the investments will be zero. The price of each security in that market will frequently fluctuate The price of any one security in that market will remain constant at its current level > Question 20 2 pts One year ago, Peyton purchased 3,600 shares of Broncos stock for $101.124. Today, he sold those shares for $26.60 a share. What is the total return on this investment if the dividend yield is 1.9 percent? 3.40 percent -3.98 percent -2.29 percent 1.10 percent -3.40 percent