b) (10%) You are evaluating the expected performance of two stocks, Alibaba and Bank of China. You gathered the following information Risk-free rate = 5% Expected return for a Hong Kong market = 11.5% Beta of Alibaba = 1.5 Beta of Bank of China = 0.8 Based on your analysis, you forecast the return on these 2 stocks are 13.25% for Alibaba and 11.25% for Bank of China. i) (5%) Calculate the required rate of return for Alibaba and Bank of China ii) (5%) Indicate whether each stock is undervalued, fairly valued or overvalued