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You forecast that a stock X will offer a rate of return of 12%. The risk-free rate is 4%. The expected market rate of return

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You forecast that a stock X will offer a rate of return of 12%. The risk-free rate is 4%. The expected market rate of return is 11%. If the beta of stock is 0.8, then stock X is Select one: 0 a. underpriced O b. overpriced c. fairly priced d. cannot be determined O

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