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6 Asset return%). FTSE return -3 -2 3 The diagram above shows daily returns on FTSE and a specific asset. Which of the following statements

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6 Asset return%). FTSE return -3 -2 3 The diagram above shows daily returns on FTSE and a specific asset. Which of the following statements about the beta and idiosyncratic risk (specific risk) of this asset is closest to the truth? Select one: a. High idiosyncratic risk and beta:0.52 b. High idiosyncratic risk and beta 1.00 c. Very low idiosyncratic risk and beta: 1.00 d. Very low idiosyncratic risk and beta=0.52 e. High idiosyncratic risk and beta2.07

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