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Question 19 5 pts Assume the following data for a stock: Beta = 0.5; risk-free rate = 4 percent; market rate of return = 12
Question 19 5 pts Assume the following data for a stock: Beta = 0.5; risk-free rate = 4 percent; market rate of return = 12 percent; and expected rate of return on the stock = 10 percent. Then the stock is o underpriced. o overpriced. o correctly priced. O The answer cannot be determined
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