Which of the following statements about the Capital Asset Pricing Model (CAPM) is/are correct? 1. The equity risk premium (ERP) is the difference between the return of the market and the risk-free rate of return 2. Asset betas are only affected by business risk 3. Research shows individual equity betas are stable over time O A. (1) is correct O B. All three statements are correct O c. (3) is correct O D.(1) and (2) are correct E. (2) and (3) are correct