Part 1 | Attempt 4/5 for 10 pts. Which of the following statements is true about a stock's alpha? Check all that apply: It represents the difference between a stock's fair expected return and its actual expected return. Overpriced stocks have positive alphas. Fairly priced stocks have positive alphas. It represents the difference between a stock's fair expected return and the risk premium on the market portfolio. Fairly priced stocks have zero alphas. Try again Submit