22. Moderna, Inc. (MRNA) has a beta of 1.65 and Pfizer, Inc. (PFE) has a beta of 1.15. Which of the statements below is the most accurate according to CAPM?

A) MRNA has a higher expected return and a higher systematic risk than PFE

B) MRNA has a lower expected return and a higher total risk than PFE

C) MRNA has a higher expected return and a higher total risk than PFE

D) MRNA has a lower expected return and higher systematic risk than PFE

E) None of the above