According to your analysis, stock ABC is overvalued. What is the best course of action? O hort sell the stock as much as possible O Examine the potential arbitrage opportunity but be aware of the risk...

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Extracted text: According to your analysis, stock ABC is overvalued. What is the best course of action? O hort sell the stock as much as possible O Examine the potential arbitrage opportunity but be aware of the risk Purchase the stock because even though this stock is overvalued it is a hot stock on the market and many investors are still chasing it. You purchased a stock a while ago folldwing a triends advice and now its price has doubled. What is the best course of action? O Sel the stock and keep the profits since the stock price has increased so much and it could go down soon O Do stock valuation and determine what is the fair price of the stock O heck with my friend and see if helshe has any more information of this stock.