QUESTION 19 Which of the following statements is TRUE? O A Customer goodwill is a financial set O. A stock price is the present value of the expected net income. Oc The value of a listed put option on a stock is lower when a stock split occurs on. The combination of longing put and shorting call can simulate a short stock investment QUESTION 20 Which of the following statements is TRUE? O A. According to the capital asset pricing model, a security with a positive alpha is considered overpriced. OB. The duration of a bond always increases with an increase in time to maturity. OC NPV is the discounted present value of a project's expected future accounting net income at the required return, subtractin OD. Diversification is least effective when security returns are perfectly positively correlated