9) The covariance of the market's return with a Stock A's return is 0.003 and the standard deviation of the market's return is 0.05. Stock A 's beta is The risk free rate is 6% and the expected market return is 15%. Stock A s current price is $25 and will pay a $1 dividend at the end of the year. If the stock is priced at $30 at year-end, it is a) 1.2; underpriced, so buy it. b) 1.5; underpriced, so buy it. c) 1.2; overpriced, so sell it. d) 1.5; overpriced, so sell it. e) None of the above