Question 5 1 pts The default premiums for bonds A, B, and C are 1%, 3%, and 7% respectively. Assuming that the CAPM is the appropriate asset pricing model and that the risk-free rate is 1%. Which bond has the highest (most positive) alpha? Alpha is the same for A, B. and C There is insufficient information to answer this question. B Question 6 1 pts You short sell 500 shares of Acme, Inc., which are currently selling for $73. The initial margin is 45% and the maintenance margin is 15%. Suppose the price falls to $56. Ignoring transaction costs and taxes, which answer below is closest to your return if you close out you short position at $56 per share? -123.29% 70.47% O 51.75% 0 -76.71 % 33.11 %