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A particular asset has a beta of 1.2 and an expected return of 10%. The expected return on the market portfolio is 13% and the

A particular asset has a beta of 1.2 and an expected return of 10%. The expected return on the market portfolio is 13% and the risk-free rate is 5%. The asset is:

Select one:

a. under-priced

b. appropriately priced

c. overpriced

d. There is not enough information to answer the question

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