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We have learned that total risk = systematic risk + idiosyncratic risk Based on the above equation, which one below is a correct statement? Standard

We have learned that

total risk = systematic risk + idiosyncratic risk

Based on the above equation, which one below is a correct statement?

Standard deviation of an asset measures its idiosyncratic risk.

Beta measures the amount of systematic risk.

The fraction of idiosyncratic risk of a better diversified portfolio is larger.

An asset with larger systemic risk must have larger total risk.

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