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Krishnamoorthi Tours has an expected return of 5 . 4 5 % and a beta of . 4 7 . The return on the market

Krishnamoorthi Tours has an expected return of 5.45% and a beta of .47. The return on the market is 10.85% and the market risk premium is 8.80%. According to the Capital Asset Pricing Model, Krishnamoorthi is:
Question 14 options:
fairly valued.
undervalued.
overvalued.

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