3-4. Find the CAPM beta of the following stock, where RE is stock return, RM is market return, RE is average of stock returns, RM is average of market returns, COV(RE,RM) is covariance between RE and RM, and VAR(RM) is variance of market returns. CAPM beta =COV(RF,RM)/VAR(RM)= 3. What is the CAPM beta? A. 0.9 B. 0.9 C. 1 D. 1 E. 0