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If a stock has an 8% expected return, the market return is 10%, the risk free rate is 3% and the stock has a beta

If a stock has an 8% expected return, the market return is 10%, the risk free rate is 3% and the stock has a beta of 0.7, the stock can best be characterised as: A)Undervalued. B) Overvalued. C)Fairly valued. D) Cannot be determined

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