You have the following data on (1) the average annual returns of the market for the past 5 years and (2) similar information on Stocks A and B. 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

a. bA < -1; bB = 1.

b. bA > +1; bB = 0.

c. bA > 0; bB = 1.

d. bA < 0; bB = 0.

e. bA = 0; bB = -1.