Which of the following statements is TRUE?

The lower the correlation coefficient between two stocks, the greater will be the benefit from diversifying by combining the two stocks in a portfolio.

"Diversifiable$$ risk, $$Company$-$specific$$ risk, $$Unsystematic$$ risk and $$Market$$ risk all refer to the same type of risk.

By diversifying you can eliminate most or all of systematic risk.

The only variable on the right$-$hand side of the CAPM formula that varies from one company to another is expected return on the market