Question: Your personal opinion is that a security has an expected rate of return of 11%. It has a beta of 1.5. The risk-free rate is

 Your personal opinion is that a security has an expected rate

Your personal opinion is that a security has an expected rate of return of 11%. It has a beta of 1.5. The risk-free rate is 5% and the market expected rate of return is 9%. According to the Capital Asset Pricing Model, this security is Select one: O a. underpriced O b. overpriced c. fairly priced O d. Cannot be determined from data provided

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