QUESTION 18 Use the data below for questions 18 to 20 ============================================================================ Listed below are the characteristic lines and correlation's (correlation of each fund with the market) for three mutual funds: R1=-0.5 + 1.25Rm p=0.8 R2=1.25+0.95Rm p=0.75 R3=0.75+1.35Rm p=0.7 ============================================================================ Question 18. Which fund has the most non-diversifiable risk? O A. Given the available data, it cannot be determined. O B. Fund 2 O C. Fund 3 D. Fund 1