True or False:

1. T or F: The standard deviation of a portfolio is equal to the weighted average standard deviation of the portfolios contents.

2. T or F: Value stocks have returned more than growth stocks in the period since 1927

3. T or F: In theory, the Sharpe ratio of a complete portfolio depends on the weight on the risky basket

4. T or F: The Efficient Market Hypothesis relies on everybody understanding how to correctly value assets.

5. T or F: No evidence of arbitrage implies prices are reflecting fundamental values.

6. T or F: MOM is part of the Fama French 5factor model.

7. T or F: HML is sometimes correlated with CMA or RMW.