All of the following are correct statements about a project's total risk EXCEPT

All of the following are correct statements about a project's total risk EXCEPT O a. total project risk is irrelevant when forecasting a company's chance of bankruptcy Ob undiversified investors are concerned about the company's future outlook Oc it becomes the relevant risk when the project's returns are correlated to the returns from the firm as a whole od total project risk can be measured by calculating standard deviation