You believe that a particular stock has an expected return of 15%. The stock's beta is 1.2, the risk free rate is 3%, and the expected return on the market is 9%. Based on this, what is your view of the stock?

a)Not enough information to determine if the stock is over or under valued.

b)It is underpriced.

c)It is fairly priced.

d)It is overpriced.