4. Suppose you have calculated the average monthly returns of the Fama-French- Carhart (FFC) portfolios over a long period. You have also estimated the factor betas for Verizon (VZ) stock using monthly return data. All figures are provided in the Table below. Factor betas of VZ Factor Portfolios RMkt -rf SMB HML PRIYR Average monthly returns of factor portfolios 0.66% 0.20% 0.36% 0.66% 0.490 -0.525 0.071 -0.192 Assume that the annual risk-free interest rate is equal to 2%. The annual risk premium of Verizon (VZ) according to the FFC model is closest to: A) 0.306% B) 4.10% C) 2.47% D) 1.43%