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1:35 . LTE 524 Men ~ 1 security analysts or portfolio managers. e. irrelevant except to governmental authorities like the Federal Reserve. In a portfolio of three randomly selected stocks, which of the following could NOT be true, i.e., which statement is false? a. The beta of the portfolio is lower than the lowest of the three betas. b. The riskiness of the portfolio is less than the riskiness of each of the stocks if they were held in isolation. C. The riskiness of the portfolio is greater than the riskiness of one or two of the stocks. d. The beta of the portfolio is higher than the highest of the three betas. e. None of the above statements is obviously false, because they all could be true, but not necessarily at the same time. Which of the following statements is CORRECT? a. Lower beta stocks have higher required returns. b. A stock's beta indicates its diversifiable risk. c. Diversifiable risk cannot be completely diversified away. d. Two securities with the same stand-alone risk must have the same betas. e. The slope of the security market line is equal to the market risk premium. leet02-xythos.content.blackboardcdn.com - Private