Question 2 Not yet 2. Powns, Inc. stock has a beta of 1.26 and an expected return of 12.5%. The risk- free rate of return is 3.0% and the market rate of return is 12.2%. Which one of the following statements is true given this information? answered Points out of 1.00 a. Powns stock is correctly priced. P Flag question b. Powns stock is overpriced. c. The required return on Powns stock, based on the Capital Asset Pricing Model, is 9.88%. d. Powns stock is underpriced. o O e. Powns stock has less systematic risk than the overall market