Which of the following statements is False? A. When estimating the risk-free rate in the CAPM, we should use the current yields on U.S. Treasury securities. We should select U.S. Treasury securities whose maturity is equal to our investment horizon and use the yield on that treasury security as our risk-free rate. B. To estimate equity beta, we can regress the historical market excess returns on the historical excess returns of individual stocks, the resulted regression coefficient is the C. estimated equity beta. Survey shows most large firms and financial analysts use the yields of long-term (10-to 30-year) bonds to determine the risk-free interest rate. D. None of the above. E