Given the following data for a stock: beta = 1.2; risk-free rate = 2%; market...

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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: overpriced correctly priced underpriced cannot be determined 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: overpriced correctly priced underpriced cannot be determined

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