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You find that based on its expected returns Stock A has a return per unit of systematic risk of 8 when the market price of

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You find that based on its expected returns Stock A has a return per unit of systematic risk of 8 when the market price of risk is 9. As a result we know that Stock A's expected return is the SML and Stock A is a. below; undervalued b. on; correctly valued c. above; undervalued d. below; overvalued e. above; overvalued

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