Using annual data on stocks returns for Timex, you run the regression rT imex,t rf = T imex + T imex(rMkt,t rf ) + T imex,t and obtain the following information: Summary Output Regression Statistics R Square 0.12 Observations 12 Coefficients Standard Error t Stat Intercept 4.05 15.44 0.26 Market 1.32 0.528 2.50 We decide that the CAPM model does not hold for this stock because .

A) is not statistically significant

B) is not statistically significant

C) A and B

D) all of the above

E) none of the above