You run a regression of a stock's excess returns versus excess returns on market index and find the following: Based on the data, you know that the stock _____. The excess returns used in the regression are computed in excess of relevant risk-free return.

a.)has a value for alpha that is statistically indistinguishable from zero

b)has a beta precisely equal to .890

c)has a beta that is likely to be greater than 1.465 inclusive

d)has no systematic risk