Question 22 7 pts Suppose the rate of return on a short-term government bill is about 3.5%, and the expected rate of return required by the market for a portfolio with a beta of 1 is 15%. William is considering to buy some TSM Inc stocks at $120. The beta of TSM Inc. is 1.1. The stock of is expected to pay $2 dividend next year and William expects it to sell them for $140. 1) Please estimate the expected rate of return of TSM Inc. by using CAPM. 2) Please determined the stock is overpriced or underpriced. Edit Format Table lili 12pt Paragraph B I U Av o TZ