BRIEFLY assess whether each of the following statements is true, false or uncertain. Justify your answer! d) The CAPM predicts that a stock lying below the security market line is undervalued. e) In the CAPM, low stocks have low prices since investors do not want securities yielding low expected returns. f) If the tangency portfolio includes short positions, the CAPM cannot hold. g) The CAPM is a special case of the APT