Summer 2020 i Nuvo, Inc. stock has a beta of 86 and an expected return of 10.5%. The risk-free rate of return is 3.2% and the market rate of return is 112% Which one of the following statements is true given this information? Multiple Choice Nuvo stock is underpriced The expected return on Nuvo stock based on the Capital Asset Pricing Modelis 9.88%. The return on Nuvo stock will graph below the Security Market Line