True or False

1A portfolio's total risk is more dependent on the total risk of each individual asset is than on how the assets relate to each other. 2.An efficiently diversified portfolio represents the minimum return possible for a given level of risk. 3. The capital market line is the investment opportunity set formed with a risky asset and a risk-free asset 4.0 measures systematic risk. 5. If a security's B is zero, the investment has no systematic risk. 6.A security's o represents an asset's idiosyncratic, or non-diversifiable risk. 7. If a security's 0=0, then the asset may still be risky. 8. The capital allocation line shows the relationship between an asset's risk, total return and risk premium 9.The risk that cannot be diversified away is systematic risk. 10. Diversification is most effective when security returns are highly positively correlated. 11. A security's systematic risk can be diversified away. 12. A security's Brisk can be diversified away. 13.If a security's B=0, then the asset is totally risk free. 14. The risk premium is the difference between the expected holding period return and the risk-free rate. 15. The capital market line shows the relationship between an asset's risk, total return and risk premium. 16.The capital allocation line is the investment opportunity set formed with a risky asset and a risk-free asset. Foo 17.The expected return of a portfolio is the sum of the expected returns for all the assets in the portfolio Head