Based on CAPM, rank the following stocks from the highest to lowest alpha, given the risk-free rate of 2 percent and the market risk premium of 5.6 percent. [Hint: alpha is the difference between the actual and expected return]

Stock A : Beta=1.41 and actual return=11.85%

Stock B: Beta=0.63 and actual return= 6.73%

Stock C: Beta=0.85 and actual return= 7.41%

Stock D: Beta=1.17 and actual return= 9.90%

A>C>D>B

B>D>A>C

D>A>B>C

A>D>B>C

B>C>D>A