State if the following statements are true or false, and then use ONE or TWO SENTENCES to explain your answer in each case. True or false answers without explanation will not be marked. a) The Capital Assets Pricing Model (CAPM) shows that the expected return for a particular asset depends mostly on the dividend yield.

b) The risk associated with the overall market is referred to as total risk.

c) The market yields of bond are determined by investment banks.

d) The market risk premium is the total return earned by a portfolio based on all the securities in the market

e) The Capital Assets Pricing Model (CAPM) shows that the expected return for a particular asset depends mostly on the expected dividend growth.

f) A reduction in the risk level of a firm will tend to increase the firm's WACC