Question
Question 10 Security X has an expected rate of return of 13% and a beta of 1.15. The risk-free rate is 5% and the market
Question 10
Security X has an expected rate of return of 13% and a beta of 1.15. The risk-free rate is 5% and the market expected rate of return is 15%. According to the capital asset pricing model, security X is __________.
| Fairly priced | ||
| Overpriced | ||
| Underpriced | ||
| None of the above |
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Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes
11th edition
9781259278617, 77861647, 1259278611, 978-0077861643
