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Stock A and stock B are in the same industry and are competitors to each other. Stock A's return in the past 10 years has
Stock A and stock B are in the same industry and are competitors to each other. Stock A's return in the past 10 years has a standard deviation of 5%, and stock B's return in the past 2 years has a standard deviation of 3%. Assume they are performing as well as each other, which one is more likely to be undervalued?
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