有这么一道题，答案不知道对不对
A stock has a beta of 0.9 and an estimated return of 10% . The risk-free rate is 7% , and the expected return on the market is 11%. According to the CAPM , this stock :
A is overvalued
B is undervalued
C is properly valued
CAPM算出来 收益是10.6%，比estimated return 10%多，那不就是预期的低估了嘛？
答案是A我崩溃了
[此贴子已经被作者于2010-5-28 9:30:09编辑过] | 
发表于 2010-5-28 09:29
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