Options A and Options C are both wrong. I asked on here already and they came up with C and it was wrong as well. Please help.

Stock "A" has a level of systematic risk, Beta_ A=1.5, and statistics show that the expected return on the market portfolio is 12% and the risk-free rate is 4%. "A" has an observed rate of return of 12%. Which of the following statements are true regarding A I Its Treynor ratio is lower than Treynor's ratio for M II It will be sold in the "market" to restore equilibrium It will have a lower Sharpe ratio than M a. I only b. II only c. I, II, and III d. I and II only e. III only