Fund A had an alpha and a beta according to the CAPM regression of 0.35 and 1.65, respectively. What best interpret those results?

	a.	Fund A had excess risk adjusted returns over its benchmark and its returns are amplified by market movements
	b.	Fund A had not delivered excess risk adjusted returns over its benchmark and its returns are amplified by market movements
	c.	Fund A had excess risk adjusted returns over its benchmark and its returns are not sensitive to market movements
	d.	Fund A had not delivered excess risk adjusted returns over its benchmark and its returns are not sensitive to market movements