You have developed data which give (1) the average annual returns on the market for the past five years, and (2) similar information on Stocks A and B. If these data are as follows, which of the possible answers best describes the historical betas for A and B?

Years	Market	Stock A	Stock B
1	0.03	0.16	0.05
2	-0.05	0.20	0.05
3	0.01	0.18	0.05
4	-0.10	0.25	0.05
5	0.06	0.14	0.05

Answers:	a. bA > 0; bB = 1
	b. bA > +1; bB = 0
	c. bA = 0; bB = -1
	d. bA < 0; bB = 0
	e. bA < -1; bB = 1