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Based on your own forecast, Stock W would offer you a return of 12%. Stock W has a beta of 1.2. The market return is

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Based on your own forecast, Stock W would offer you a return of 12%. Stock W has a beta of 1.2. The market return is 11% and the risk-free rate is 7%. The return from CAPM is \% and you would this stock. Would you buy or sell this stock? 11.8; buy 12.2; buy 12.2; sell 11.6: sell 11.6: buy 11.8: sell

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