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3. Return on Treasury bill is 5%, market risk premium ((Rm)Rf] is 8%. Compute the forecasted return and required return on each stock. Identify whether

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3. Return on Treasury bill is 5%, market risk premium ((Rm)Rf] is 8%. Compute the forecasted return and required return on each stock. Identify whether each security is undervalued, properly valued, or overvalued (show your work)

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