6) Assume both Portfolio X and Portfolio Y are well diversified. The risk-free rate is 1%, the expected market 6) risk premium is 10%. Portfolio X has an return of 15%, and beta of 1.5; Portfolio Y has an return of 3%, and beta of 0.2. A) Both portfolios are correctly valued. B) Portfolio X is overvalued and Portfolio Y is correctly valued C) Portfolio X is correctly valued and Portfolio Y is undervalued. D) Portfolio X is undervalued and Portfolio Y is correctly valued