Use the following three statements to answer this question: 1. A security with a beta of zero implies that all of the variability in this security's return is diversifiable by any investor holding a well-diversified portfolio. II. A security with a beta of 1 implies that if the market increased (or decreased) by 1%, the return on the security would increase (decrease) by more than 1% on average. III. A security that has a beta value cannot be priced. O I, II and III are correct. Olis correct, II and III are incorrect. O I, II and III are incorrect. O I, II are incorrect, III is correct