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The Targeted Inc. has an expected return of 9.6% with its beta of 1.5. If the market risk premium is 5.4% and the risk-free rate

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The Targeted Inc. has an expected return of 9.6% with its beta of 1.5. If the market risk premium is 5.4% and the risk-free rate is 1.5%, the stock of Targeted Inc. is undervalued and should plot above the security market line. O a. True O b. False

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