Simply write TRUE or FALSE next to each part no justification is necessary:

2. Simply write TRUE or FALSE next to each partno justification is necessary: (a) (4 points) For an n-period binomial tree with a given u, d, p, the final price S(tf) has expected value E(S(tf)) = S(pu + (1 - p)d)", where So is the initial price. (b) (4 points) If a security has > 1 and lies below the security market line (SML), then its expected return rate is greater than the market's expected return rate um. (c) (4 points) Risk-neutral investors only care about the expected return rate of an investment; they don't care about the risk. (d) (4 points) According to the Capital Asset Pricing Model (CAPM), it is possible, by buying a bond, to obtain an expected return rate greater than the market's expected return rate um." (e) (4 points) For an 8-period binomial tree, there are 9 possible values that the final price S(tf) can take on, and 256 different paths to those final values