Which of the following statements is correct?

A$.$

The risk of company$-$specific supply$-$chain disruptions will lead to higher average returns.

B$.$

Some stocks that are mispriced according to the CAPM may not be mispriced based on the Fama$-$French $3-$factor model.

C$.$

A company with low cash flows in recessions and high profits in times of macroeconomic booms is likely to have a lower risk premium on its equity.

D$.$

The market risk premium used in CAPM$-$based estimations of expected returns should be held constant over time.