37) Firm-specific risk is also called A. systematic risk; diversifiable risk C. unique risk; nondiversifiable risk and B. systematic risk; nondiversifiable risk D. unique risk; diversifiable risk 38) Suppose that a stock portfolio and a bond portfolio have a zero correlation. This means that A. the returns on the stock and bond portfolios tend to move inversely B. the returns on the stock and bond portfolios tend to vary independently of each other ortfolios tend to move together t ID Number CKEY E 520 C30 C40 550 U