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QUESTION 49 Assuming that the S&P500 average annual return is 15% with a beta of 1, the risk-free rate is 5%, and Asset X

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QUESTION 49 Assuming that the S&P500 average annual return is 15% with a beta of 1, the risk-free rate is 5%, and Asset X has an average annual return of 21% with a beta of 1.5, in order to make expected profits investors would OA. Buy Asset X as it is undervalued. B. Sell Asset X as it is undervalued. OC. Buy Asset X as it is overvalued. O D. Sell Asset X as it is overvalued.

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