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The risk-free rate is 6% and the expected rate of return on the market portfolio is 11%- a. Calculate the required rate of return on

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The risk-free rate is 6% and the expected rate of return on the market portfolio is 11%- a. Calculate the required rate of return on a security with a beta of135. [Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) _a h. It the security is expected to retJJm 14%, is it overpriced or underpriced? O Overpriced O Underpriced

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