An analyst is assigned to give recommendation on three stocks in BEI and has gathered the following information from various media as follows: Stock Beta Expected return ASII 1.65 17.0% TLKM 0.90 13.4% UNVR 0.70 12.7% The bond market has indicated the yield on 10-year bond is 8% p.a. and investors require the market risk premium of 6% p.a. Draw the SML with the positions of the three stocks and determine the recommendation (buy/hold/sell) given by the analyst for each stock