The expected return of the market is E(rM)=14%, while the risk-free rate is rf=6%. 1. Which assets are correctly priced according to the CAPM? Which ones are under-priced? Which ones are over-priced? 2. Using all under-priced securities, what is the alpha of an equally-weighted portfolio? Is it under-priced? 3. Using all over-priced securities, what is the alpha of an equally-weighted portfolio? Is it over-priced