Mrs Jones is reviewing the performance of one of the shares in her portfolio. She bought the share a year ago for 4.00 (ex-div). Over the year it paid a dividend of 20p and the share price currently stands at 4.20 (ex-div). The shares equity beta is 1.0. The yield on short-date Treasury Bills over the year has been 1.4% and the Equity Risk Premium is 10%.

Using the CAPM, what has been the performance of the share over the last year?

	A.	Matched the market
	B.	4.6% under-performance
	C.	1.4% under-performance
	D.	4.6% over- performance
	E.	1.4% over-performance