Which of the following statements is most correct? 1. Market participants are able to eliminate virtually all market risk if they hold a large diversified portfolio of stocks II. Market participants are able to eliminate virtually all company specific risk if they hold a large diversified portfolio of stocks III. It is possible to have a situation where the market risk of a single stock is less than that of a well-diversified portfolio O a. Only III is correct Ob. Only I is correct c. Only II and III are correct d. Only II is correct e. Only I and III are correct. Clear my choice 13 15 14 Previous page 16 17 Next page 13 Mark