Question: For each stock state whether it is overvalued, undervalued or correctly priced if the risk-free rate of return is 3.2% and the expected return on

For each stock state whether it is overvalued, undervalued or correctly priced if the risk-free rate of return is 3.2% and the expected return on the market is 11.6%. Also state your investment strategy (buy, sell, or hold).

Stock	Beta	Expected Return
A	1.46	15.79%
B	0.72	8.62%

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