The Capital Asset Pricing Model is: a An econometric model based on estimation of regression coefficients to begin with. b. A depiction of the combinations of risk and return that maximize a portfolio's value. None of the above. d An 'ex-ante' model of the rate of return on any financial asset. Question 2(10 points) The cost of common equity is NEVER tax-deductible, as comman shareholders are residual claimants to income. True False Question 3 (10 point What is the present value of a security that will pay $29,000 in 20 years if securities of equal risk pay 5% annually? a $11,430.60 b $10,929.80 c $8,760.80 d $10,000 Question 4 ( 10 points) The Capital Asset Pricing Model is an equilibrium model that seeks to theorize on estimating the rate of retuen on any financial asset. True False