Which two of the following five statements are correct? Select two alternatives: The beta of a security is the sensitivity of the security's retum to the return of the overall market According to the research by Eugene Fama, Nobel Laureate in Economics, it is very difficult to predict stock price movements in the short run. The higher the return, the higher the risk, this holds both for individual stocks and diversified portfolios. Volatility is a measure of the average return of stocks. The difficulty to predict stock price movements in the short-run shows that stock markets in general can be considered as being inefficient Which two of the following five statements are correct? Select two alternatives: Venture capitalists typically control only a minority of the seats on a start-up's board of directors. As with IPOs, evidence suggests that companies over perform following a seasoned offering. The preferred stock issued by young companies typically does not pay regular cash dividends. The process of selling stock to the public for the first time is called a seasoned equity offering (SEO). Institutional investors such as pension funds, insurance companies, endowments, and foundations manage large quantities of money