FOR HISTORICAL DATA: https://finance.yahoo.com/quote/PSEI.PS/history?period1=1569888000&period2=1604102400&interval=1d&filter=history&frequency=1d&includeAdjustedClose=true

BPI is exposed be the ff. risks - Foreign exchange rate - Debtors' ability to pay - Interest rate movement - Household consumption level - High ratio of older personnel or management during COVID - Number of labor force who were layoff during the period With the listed risks, identify the systematic sh from unsvstematic risks. The level of exposure of this bank to 3 systematic factors are 0.50, 0.65, and 0.?0. This is a blue-chip company which is Included in the PSEI and a reasonable assessment of Its sensltlvlty is to use the 1013119019 10f31l2020 data. The government on-themn bond has interest earnings of 3.5% 1. With the lisbed risks, identify the systematic risks from unsystematic risks. 2. Using the identied systematic risks calculate the expected retum of BPI stock using Arbitrage Pricing Model. 3. Extract the needed data and calculate beta. 4. Calculate the CAPM rate of return of the BF] stock. If 105112019 price is P9?.oo and the 1013 1,!2020 price is P8930. Is it undervalued, overvalued or fairly valued