Two investment advisers are comparing performance. Naqaa al-Moussa averaged a 10% return with a portfolio beta of 1.49, and David Kluesner averaged a 19% return with a portfolio beta of 1.28. If the T-bill rate was 4% and the market return during the period was 12%, which adviser was the better stock picker? A) you cannot judge a managers performance with the information provided B) David Kluesner was better because he had a higher return. C) Naqaa al-Moussa was better because she generated a larger alpha. D) Naqaa al-Moussa was better because she had a higher return. E) David Kluesner was better because he generated a larger alpha.