Question 11 1 pts While nothing is truly ever "settled" in economics (wherein everyone agrees), which of the following are generally considered true. Standard deviation is not the appropriate measure of risk for an individual asset when trying to understand that asset's expected return Systematic risk the appropriate type of risk to understand for an individual asset when trying to understand that asset's expected return An individual asset's volatility is not particularly useful in determining an individual asset's expected return That the CAPM Beta is the correct measure for measuring systematic risk, and hence, an individual asset's expected return Question 12 1 pts Select all that are true with respect to why it is that systematic and not unsystematic) risk is what matters when trying to understand discount rates. Because systematic risk can be cheaply/easily eliminated through diversification Because discount rates are fully determined by an individual asset's risk Because unsystematic risk can be cheaply/easily eliminated through diversification Because in a competitive market, investors can largely eliminate unsystematic risk cheaply/easily, and thus, don't demand to be paid for bearing it