B. When would a stock trade ex-dividend? a. When the company is going through bankruptcy b. When the company suspends the dividend c. When the stock trades without the dividend because ownership won't occur by date of record d. When the stock trades with the dividend but the dividend must be paid to previous owne 9 Use the following information to answer questions mmm Portfolio M: Return-8%; Stan dard n.11%. Standard deviation 5.25%; Beta-1 free rate is 2% nd th( return on the marketis9,Which of the following ranks the portfolios in to worst performing ona mon-risk adjusted basis? Portfolio M; Portfollio N Portfolio N; Portfolio M KT c. They are equivalent d. There is not enough information given to rank 10. What is the Treynor ratio for Portfolio M? 5.45% 6.9% c. 7.27% d. 8.46% 11. What is the Sharpe Ratio of Portfolio N? 2.29% c. 2.10% d. 6.9% 12. Which portfolio would you invest in using the Jensen's Alpha? a. Portfolio M because it has a Jensen, Alpha of 11.10% b. Portfolio N because it has a Jensen's Alpha of 9.7% C. Portfolio M because it has a Jensen's Alpha of 7.7% d. Portfolio N because it has a Jensen's Alpha of 11.10% 13. Use the following information to answer questions 13-16. A stock is currently selling for $40. The expected growth rate for the stock is 4%; The return on the market is 8% The earnings for the firm is S3 per share; The beta for the stock is 1.1. The P/E for the Industry is 12; The dividend that was just paid is $1.25. The risk-free rate is 2.5%. What is the firm's required return? a. 6.05% b. 19.8% c. 8.56% 4. What is the value of the stock using the dividend discount model (also known as the Gordon Growth odel)? $28.51 27.41 32.50 22.34