story Bookmarks Profiles Tab Window Help ail X CSU-Global X Module 4: Critical Thinking Ste X y! BTC-USD 33,146.617 -5,180.3 x Co e.com/courses/43433/assignments/859328?module_item_id=2009196 Maps Option #2: Earnings Process and Efficient Markets 2 Use data from https://finance.yahoo.com_ to answer the following questions: Collect the following data for six firms of your choosing. Include cryptocurrency as one of the six. . Price-to-book ratio Price-earnings ratio . Market capitalization (size) . Price-cash flow ratio (i.e., market capitalization/operating cash flow) . Another criterion that interests you. You can find this information by choosing a company and then clicking on Key Statistics. Rank the firms based on each of the criteria separately, and divide the firms into three groups based on their ranking for each criterion (top two performers in each category would be the first group, 3rd and 4th ranked stocks in the second group). Calculate the average rate of return for each group of firms. You will have three groups for each of the five categories. . Use the price history from the Historical Prices tab in Yahoo Finance to calculate the beta of each of the firms in part (a). Use this beta, the T-bill rate, and the return on the SP 500 to calculate the risk-adjusted abnormal return of each stock group. . Now form stock groups that use two criteria simultaneously. For example, form a portfolio of stocks that are both in the lowest performing group of price-earnings ratio and in the highest performing group of Price-to- book ratio. Does selecting stocks based on more than one characteristic improve your ability to devise portfolios with abnormal returns