Reason (R): The price of systematic risk is identical for all the participants in the financial market.
A. Assertion (A. is correct, but Reason (R) is incorrect.
B. Assertion (A) is incorrect, but Reason (R) is correct.
C. Both the Assertion (A) and the Reason (R) are incorrect.
D. Both the Assertion (A) and the Reason (R) are correct.
Answer:D
Reason (R): The price of systematic risk is identical for all the participants in the financial market.
A. Assertion (A. is correct, but Reason (R) is incorrect. B. Assertion (A) is incorrect, but Reason (R) is correct. C. Both the Assertion (A) and the Reason (R) are incorrect. D. Both the Assertion (A) and the Reason (R) are correct.