Consider the Fama-French 3-factor model. The risk-free rate is 1% and the xpected return on the market is 11%. The stock's market beta is 1, SMB beta is 0.5 and eta is -0.5. EPML) and Ers) are 6% and 7%, respectively. The stock's expected return is 12%. Relative to the Fama-French 3-factor model, the stock has and is 1) Positive alpha, undervalued 2) Positive alpha, overvalued 3) Negative alpha, undervalued 4) Negative alpha, overvalued 5) Zero alpha, Fairly valued A call option with a strike price of $50 on a stock selling at 60 costs $12.5. The call option's intrinsic value is and time value is 1) 10, 12.5 2) 12.5, 10 3) 50, 12.5 4) 10, 2.5 5) None of the above