Annual returns for stocks X, Y, Z, and the Market are given below for the time period 2008 to 2013. From the information given in the table above, which of the following choices best describes the betas (B) of Stock X, Stock Y, and Stock Z Year 2008 2009 2010 2011 2012 2013 Stock X 0.20 0.12 0.03 0.15 0.20 0.32 Stock Y 0.12 0.13 0.14 0.12 0.11 0.08 Stock Z 0.08 0.08 0.08 0.08 0.08 0.08 Market 0.13 0.09 0.07 0.19 0.25 0.35 Select one a. Beta of X 0, Beta of Z = 0 O b. Beta of X 0, Beta of Y >0, Beta of Z0 O c. Beta of X 0, Beta of Y 0, Beta of Y > 0, Beta of Z = 0 Which best defines the term "systematic risk"? Select one: O a. Risk that equates to that of the market portfolio O b. Risk that can be removed through diversification O c. Risk that associates with perfect positive correlation O d. Risk that associates with an asset standing alone O e. Risk that remains even after assets are combined in a well-diversified portfolio