Which of the Following Describes a Portfolio That Plots Below

Multiple Choice

Which of the following describes a portfolio that plots below the security market line?

A) The security is undervalued.
B) The security is providing a return that is greater than expected.
C) The security's reward to risk ratio is too low.
D) The security's beta is too low.
E) The security provides a return that exceeds the average return on the market.