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Assume the ASX 200 forward earnings yield is 6 percent and the 10-year T-note yield is 5.6 percent. How are stocks valued according to the

Assume the ASX 200 forward earnings yield is 6 percent and the 10-year T-note yield is 5.6 percent. How are stocks valued according to the Fed model?n
nA.nUnder-valuedn
nB.nOver-valuedn
nC. Fairly-valued

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