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4.5 pts Question 23 Rank the following stocks from the highest to lowest alpha, given the risk-free rate of 3.1 percent and the market risk

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4.5 pts Question 23 Rank the following stocks from the highest to lowest alpha, given the risk-free rate of 3.1 percent and the market risk premium of 8 percent. (Hint: compare to what is expected from CAPM) Stock Beta Expected Return 0.81 9.00 B 1 12.88 0.92 11.92 1.14 12.22 O C>D>B>A OB>C>D>A O D>A>B>C O A>D>B>C O AC>D>B

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