The U.S. election represents a political risk when investing in the U.S. equity market. How likely is it that a U.S investor can diversify away this risk if the investor invests in a well-diversified portfolio of U.S. equities? Select one: a. Likely as idiosyncratic risk will be diversified away b. High likely c. Unable to be determined d. Unlikely since this political risk is systematic e. In accordance with the CAPM, political risk is not priced