Some financial data for TTM stock and the market portfolio are listed in the following: Required rate of return on TTM stock: .092 Variance of TTM stock: .09 Correlation coefficient between TTM and the market portfolio:.80 Standard deviation of Market portfolio: .20 Required rate of return on the market portfolio: .12 Risk-free rate: .04 What is the beta of the TTM stock?

Select one: a. 1.78 b. 1.53 c. 1.2 d. 1.4