Calculate the expected return on a stock that has a 39% probability of a 11% return, a 15% probability of a 5% return, and a 46% probability of a -11% return. The expected return on this stock is %. (Please retain at least 4 decimal places in your calculation and at least 2 decimal places in the final answer.) Stock FM has a historical return of 14.25%, a standard deviation of 14.1% and a correlation of 0.51 with the market. The standard deviation of market returns is 19.1%, and the expected return is 15.13%. The risk-free rate is 5.63%. Which of the following statements is correct assuming CAPM holds? (Please retain at least 4 decimal places in your calculations and at least 2 decimal places in the final answer.) Stock FM is overpriced with a required rate of return of 9.21%. Stock FM is underpriced with a required rate of return of 9.21%. Stock FM is overpriced with a required rate of return of 10.48%. O d. Stock FM is underpriced with a required rate of return of 10.48%. O e. Insufficient information