A particular asset has a beta of 1.2 and an expected retum of 15%. The expected retum on the market portfolio is 13% and the risk-free asset is 5%. Which of the following statements are correct? 1. This asset lies on the security market line II. This asset lies above the security market line. III. This asset lies below the security market line, IV. The asset is underpriced ll and IV None of statements is correct I only oll only Ill and IV