NO.PZ2018070201000109
问题如下:
If an analyst estimates an asset's return higher than the expected return calculated by the capital asset pricing model, the asset should be:
选项:
A.
overvalued.
B.
undervalued.
C.
properly valued.
解释:
B is correct.
An asset could be considered as undervalued if its estimated return is above the SML (the expected return).
上课时老师说expected return是13,estimate价格是11,是under value 要买,是同一个说法吗?没搞清楚…而且开始有点乱了