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JPMorgan Chase stock has a standard deviation of 22% and a beta of 1.4. Goldman Sachs stock has standard deviation 31% and beta of 1.2.

JPMorgan Chase stock has a standard deviation of 22% and a beta of 1.4. Goldman Sachs stock has standard deviation 31% and beta of 1.2. Which of these statements is true?

a- Goldman Sachs has less total and systematic risk.

b- Goldman Sachs has less total risk; JPMorgan has less systematic risk.

c- Goldman Sachs is a riskier investment for a diversified investor.

d- Investors require a lower return from investing in JPMorgan than Goldman Sachs.

e- None of the above.

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