Security x has an expected rate of return of 13% and a beta of 1.15. the risk-free rate is 5%, and the market expected rate of return is 15%. according to the capital asset pricing model, security x is
a) fairly priced
b) overpriced
c) underpriced
d) none of the above

On december 1, 2017, bigham corporation pays a dividend of $4.00 on each share of its common stock. vanessa and gena, two unrelated shareholders, each own 5,000 shares of the stock. vanessa has owned her stock for two years while gena purchased her stock on november 3, 2017. how does each shareholder treat the $20,000 dividend from bigham