3. The following diagram shows the expected return and variance of return for four securities, A,B,C and D. Be A Expected C Return Total risk Assuming the capital asset pricing model applies and the securities are fairly priced, which security has the greatest beta value? A Security A B Security B C Security C D Security D 4. The systematic risk of a project's return is the result of uncertainties in the return caused by? A factors unique to the project B factors unique to the firm undertaking the project factors unique to the industry to which the project belongs D nation-wide economic factors