The diagram above shows daily returns on FTSE and a specific asset. Which of the following statements about the beta and idiosyncratic risk (specific risk) of this asset is closest to the truth? a. Very low idiosyncratic risk and beta 0.47 b. High idiosyncratic risk and beta 0.47 c. High idiosyncratic risk and beta 2.02 d. High idiosyncratic risk and beta 1.00 e. Very low idiosyncratic risk and beta 1.00