Consider the equation for the Capital Asset Pricing Model (CAPM): i = rrF + (m-PRE) * Cov(i, "M) 02M In this equation, the term Cov (ri, rm)lo?m represents the A) Covariance between stock i and the market B) stock's beta coefficient C) variants of markets return Suppose that the market's average excess return on stocks is 6.00% and that the risk-free rate is 2.00%. Complete the following table by computing expected returns to stocks for each beta coefficient using the Capital Asset Pricing Model (CAPM): bi Expected Return to Stocks (%) -0.50 0.30 1.00 3.00 Based on the CAPM and your calculations for the return to stocks, what does it mean when the coefficient bi > 1? o The stock's return correlates with the stock market as a whole. o The stock is less volatile than the market. o The stock is more volatile than the market