Question: Question 10 Javad estimated a market model for IBM using excess returns and determined that the alpha was statistically significant. Then Javad could most likely

 Question 10 Javad estimated a market model for IBM using excess

Question 10 Javad estimated a market model for IBM using excess returns and determined that the alpha was statistically significant. Then Javad could most likely conclude that IBM: is overvalued has a lot of systematic risk. is undervalued

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