Question A stock has an expected return, based on market price of 12.3%. The befor the stock is 2.0 the risk-free rates and the market risk premium 94. is the stock over, andera e overvalued since the stocks equilibrium return is greater than its expected return overvalued since the stock's equilibrium return is less than its expected return undervalued since the stock's equilibrium return is greater than its expected return undervalued since the stock's equilibrium return is less than its expected return None of the listed items is correct