Question: Using CAPM, we can consider a security as underpriced if I. its expected return is higher than the market return II. it lies above the

Using CAPM, we can consider a security as underpriced if I. its expected return is higher than the market return II. it lies above the security market line III. it has a positive alpha O A. I, II, and III B. II and III C. I and III D. Only III O E. Only 11
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