Question 9 (1 point) Two investment advisors are comparing performance. Advisor A averaged a 17% return with a portfolio beta of 1.5 and Advisor B averaged a 15% return with a portfolio beta of 1.2. If the T-bill rate was 5% and the market return during the period was 13%, which advisor was the better stock picker? 1) Advisor A was better because he generated a higher return 2) Advisor B was better because he achieved a good return with a lower beta 3) Advisor B was better because he generated a larger alpha 4) Advisor A was better because he generated a larger alpha