Company Accenture PLC $($ACN$)$ Infosys Ltd$.($INFY$)$

Forecasted return $12\mathrm{.}0\%6\mathrm{.}0\%$

Standard deviation of return $10\mathrm{.}0\%15\mathrm{.}0\%$

Beta $0\mathrm{.}950\mathrm{.}8$

Based on each firm$$s forecasted return and CAPM expected return:

A$)$ Both ACN and INFY are overvalued

B$)$ Both ACN and INFY are undervalued

C$)$ ACN is undervalued, and INFY is overvalued

D$)$ ACN is overvalued, and INFY is undervalued

E$)$ None of the above