Given three securities and their expected returns in the market and their betas. Use the CAPM to estimate their required returns. According to their required returns, which security is over price, under priced, and fairly priced in the market? The risk free rate is 4% and the expected market risk premium is 7%. Securityl Expected 13.8% 18% 9.6% Beta 2.0 0.6 O A is fairly priced B is over priced C is under priced O A is over priced B is fairly priced C is under priced O A is under priced B is over priced C is fairly priced 0 A is under priced B is fairly priced C is over priced