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Stock A has an expected return of 1 2 % and beta of 1 . 2 . if the risk - free rate is 3
Stock A has an expected return of and beta of if the riskfree rate is and the expected return of the market is within the CAPM framework Stock A is:
A Overpriced
B Underpriced
C Plotted below the SML
D Fairly priced
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