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Security X has an expected rate of return of 13% and a beta of 0.7. The risk-free rate is 4%, and the market expected rate

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Security X has an expected rate of return of 13% and a beta of 0.7. The risk-free rate is 4%, and the market expected rate of return is 18%. According to the capital asset pricing model, security X is none of these answers fairly priced underpriced O overpriced

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