Question: Based on each firms forecasted return and CAPM expected return: Both ACN and INFY are overvalued Both ACN and INFY are undervalued ACN is undervalued,

  1. Based on each firms forecasted return and CAPM expected return:

  1. Both ACN and INFY are overvalued
  2. Both ACN and INFY are undervalued
  3. ACN is undervalued, and INFY is overvalued
  4. ACN is overvalued, and INFY is undervalued
  5. None of the above

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