Suppose the risk-free rate is 3% and the market risk premium is 12%. Stock Y currently is selling at $36. An analyst forecasted that Stock Y's dividend and price next year will be $2 and $39. Stock Y has beta of 0.5. Assume the CAPM holds. Which of the following statements are true? Check All That Apply

The estimated alpha of the stock is 4.89% The estimated alpha of the stock is 4.89%

According to CAPM, the required return is 9%

The stock's Treynor's ratio is greater than the market risk premium. The stock's Treynor's ratio is greater than the market risk premium.

The stock is overpriced.

The stock is lying above the SML.

. The estimated alpha of the stock is -4.16%

According to CAPM, the required return is 10.29%

The estimated alpha of the stock is 5.08%