Picture: True and False. Answer the True and False questions following each Picture. Circle + for True and 0 for false. 2 Points each. Picture 1. Total portfolio risk Unsystematic risk (unique risk) Systematic risk (market risk) 1 Security 15.20 Securities Number of securities + 01. The picture shows the impact of creating a portfolio of assets for the purpose of reducing stand-alone risk of the individual assets in the portfolio + O 2. The firm that has invested in 15-20 securities has eliminated company-specific risk + O 3. The unsystematic risk component of the total portfolio can be reduced by adding negatively correlated stocks to the portfolio + 04. Portfolio risk will increase if more stocks that are positively correlated with the other stocks are added to the portfolio