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Portfolio X is well-diversified. The portfolio has an expected return of 18% and a beta of 1. The risk-free rate is 8%, and the

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Portfolio X is well-diversified. The portfolio has an expected return of 18% and a beta of 1. The risk-free rate is 8%, and the return for the market is 16% Select one: Oa Further information is needed to answer this question Ob Portfolio X is fairly valued Oc Portfolio X is overvalued. Od Portfolio X is undervalued

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