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Question 8 (1 point) Which of the following statements is most CORRECT? O 1) If the stock market is efficient, small investors can still make

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Question 8 (1 point) Which of the following statements is most CORRECT? O 1) If the stock market is efficient, small investors can still make a lot of money by buying "IPO" stocks on the first day once the stock begins trading. O2) If the stock market is efficient, then the actual realized returns on all stocks will be equal to their expected rates of return. O 3) An implication of the stock market efficiency implies that you cannot make abnormal profits by purchasing a drug company's stock after hearing the company received a FDA approval for one of its products. 04) If the stock market is efficient, all stocks will be equally risky. Question 9 (1 point) The new issues of stock are sold in the market and the existing outstanding stock is traded in the market. 1) Secondary, primary O2) Exchanges, OTC 3) Primary, money 4) Primary, secondary 3 Question 10 (1 point) Which of the following items is included as part of a company's current liabilities? O 1) Accounts payable. O2) Inventory O 3) Accounts receivable, O 4) All of the above

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