A stock pays a return of 12% - 13% annually and has a beta that averages around 1.0. This stock is underpaying for the risk assumed. Select one: O True O False Do A sale made to 35 or less accredited investors that is not registered with the Securities and Exchange Commission is: Select one: a. Illegal b. Known as a Private Placement c. Known as a Direct Placement d. b&c only. e. All of the above f. None of the above