The common stock of Alibaba Group has a beta of 0.75 and an expected rate of return of 14.60%. Investors expect the return on the market portfolio this year to be 17.50%. Assuming that the risk-free rate does not change, what would be your expected return on Alibaba stock if the market portfolio return is 24.30%?

a. 13.18% b. 19.70% c. 25.61% d. 15.15% e. 17.91%