Question: Given the following data for a stock: beta = 1.2; risk-free rate = 2%; market rate of return = 13%; and expected rate of return

 Given the following data for a stock: beta = 1.2; risk-free

Given the following data for a stock: beta = 1.2; risk-free rate = 2%; market rate of return = 13%; and expected rate of return on the stock = 14%. Then the stock is: O correctly priced overpriced underpriced cannot be determined

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