Question: A stock's expected return is 23% and its beta is 2.4. The risk free rate is 2% and the market's expected return is 10%. The

A stock's expected return is 23% and its beta is 2.4. The risk free rate is 2% and the market's expected return is 10%. The stock is _____ according to the CAPM and it plots ____ the SML. overpriced; above overpriced; below underpriced; below underpriced; above

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