QUESTION 4 Stock A has a systematic risk of Beta - 1.5. The risk-free rate is 2% and the return on the market portfolio is 12% The last dividend paid was $2.25. The growth rate of dividends in the first period is 3% and from the second period on is 2%. If the actual rate of return is 14%, Stock A's price is $19.31, and 1. Stock A is overpriced and should be sold M. Stock A bas a Jensen's Alpha of -3% 11. Stock A is in equilibrium O a. I only O b. Il only Oclll only d. I and II only O. I, II and