2. Which of the following is TRUE regarding financial risk? 1. Statistical standard deviation is a perfect measure of financial risk since you can adjust for skew, kurtosis, and varying probabilities. II. An unknown but significant increase in the probability of higher free cashflow for a company would improve the ability to value that company's stock. III. Beta is a measure of diversifiable risk which depends on market efficiency. IV. The histogram for a riskier asset would be narrower and shorter than the histogram for a less- risky one. A. All B. Only one of the statements C. Only two of the statements D. Only three of the statements E. None