Question Completion Status: Moving to another question will save this response. Question 25 Which of the following statements is False? When estimating the risk-free rate in the CAPM we should use the current yields on US Treasury securities 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. To estimate equity beta, we can repress the historical market excess returns on the excess returns of individual stocks, the resulted regression coefficient is the estimated beta For firms with significant risk of default, the yield to maturity of bonds wil overestimate investors' required cost of debt. None of the above Moving to another question w ave is response Type here to search o e a 330 90