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13 A particular asset has a beta of 1.8 and an expected return of 16%. The expected return on the market portfolio is 10% and

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A particular asset has a beta of 1.8 and an expected return of 16%. The expected return on the market portfolio is 10% and the risk-free is 4%. The stock is overpriced underpriced or overpriced but there is insufficient information to determine which low beta appropriately priced underpriced

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