Analysts’ estimates on expected returns from equity investments are based on several factors. these estimations also often include subjective and judgmental factors, because different analysts interpret data in different ways. suppose, based on the earnings consensus of stock analysts, carlos expects a return of 7.76% from the portfolio with the new weights. does he think that the revised portfolio, based on the changes he recommended, is undervalued, overvalued, or fairly valued? (a) under valued(b) over valued(c) fairly valued