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The market-risk premium is 7% and the risk-free rate is 2%. A security with a beta of 1.5 and an expected return of 15% is

The market-risk premium is 7% and the risk-free rate is 2%. A security with a beta of 1.5 and an expected return of 15% is O A) overpriced B) correctly valued C) None of them D) fairly priced E) underpriced

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