Which of the following statements is NOT CORRECT? O Inflation, recession, and high interest rates...

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Which of the following statements is NOT CORRECT? O Inflation, recession, and high interest rates are economic events that are best characterized as being among the factors that are responsible for market or beta risk. O The beta of a diversified portfolio of stocks is almost always less stable over time than the beta of a single security. O The Y-axis intercept of the security market line represents the required rate of return of a portfolio with a beta of zero which is the risk-free rate. O The higher the correlation between the stocks in a portfolio, the higher the risk inherent in the portfolio

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