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Security T is currently trading at $23 and expected price at the end of the year is $27. The stock is expected to pay $0.13

Security T is currently trading at $23 and expected price at the end of the year is $27. The stock is expected to pay $0.13 dividend during the year. It has a beta of 2.81. The market return and the market risk premium are 10% and 8%, respectively. Is this security undervalued, overvalued or valued? Explain why

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