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Snapchat's stock (SNAP) has an annual volatility of 40%, while Goldman Sachs (GS) has an annual volatility of 20%. Additionally, you expect SNAP to have

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Snapchat's stock (SNAP) has an annual volatility of 40%, while Goldman Sachs (GS) has an annual volatility of 20%. Additionally, you expect SNAP to have a beta of 1 , and the beta of GS is expected to be 1.5. Which stock has more systematic risk? Which stock has more total risk? SNAP, GS GS, SNAP GS, GS SNAP, SNAP

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