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Which of the following statements about Market Risk is correct? Select one: a. Market Risk is the type of risk attributable to firm-wide risk sources

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Which of the following statements about Market Risk is correct? Select one: a. Market Risk is the type of risk attributable to firm-wide risk sources and remains even after extensive firm-wide diversification. b. Market Risk is the type of risk attributable to firm-wide risk sources and cannot be diversified by investing in a lot of firms. c. Market Risk is the type of risk attributable to market-wide risk sources and can be diversified by investing in a lot of firms. d. Market Risk is the type of risk attributable to market-wide risk sources and remains even after extensive diversification

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