Please answer these $4$ multiple choice questions

$1.$ Consider the following statements:

l$)$ Quality signals are based on two intuitions: a$)$ market prices do not fully adjust to public information about business profitability$/$strength; b$)$ corporate accounting tricks ca market.

Il$)$ On average across stocks and over time $($with enough averaging along both dimensions!$),$ stocks that appear cheap according to valuation ratios, are, in fact, cheap.

Evaluate the statements below.

Both statements are TRUE.$|$

I is TRUE, and Il is FALSE.

I is FALSE, and II is TRUE.$|$

Both statements are FALSE.$|$

$2.$ Consider the following statements:

l$)$ Enterprise Value is defined as: Market capitalization of equity $+$ Book value of $($Total Debt $+$ Preferred Equity $+$ Minority Interest$)-$ Cash.

Il$)$ Because of privacy laws, trades of individual stock investors are not publicly available on the internet, regardless the individual investor's occupation.

Evaluate the statements below.

Both statements are TRUE.$|$

I is TRUE, and Il is FALSE.

I is FALSE, and II is TRUE.

Both statements are FALSE.

$3.$ Consider the following statements:

l$)$ Enterprise Value is defined as: Market capitalization of equity $+$ Book value of $($Total Debt $+$ Preferred Equity $+$ Minority Interest$)-$ Cash.

Il$)$ Because of privacy laws, trades of individual stock investors are not publicly available on the internet, regardless the individual investor's occupation.

Evaluate the statements below.

Both statements are TRUE.

l is TRUE, and Il is FALSE.

I is FALSE, and Il is TRUE.

Both statements are FALSE.

$4.$ Consider the following statements:

l$)$ Stocks with very high betas are riskier and, on average across stocks and over time $($with enough averaging along both dimensions!$),$ have higher future returns than stocks with medium betas.

Il$)$ As a result of granting many stock options to its employees in the past, a corporation's stock P$/$E ratio can be lower today that it would be have been if the corporation had granted less employee stock options.

Both statements are TRUE.

l is TRUE, and Il is FALSE.

l is FALSE, and Il is TRUE.

Both statements are FALSE.