The part of a stock's return that is systematic is a function of which of the following variables?
i. volatility in excess returns of the stock market
ii. the sensitivity of the stock's returns to changes in the stock market
iii. the variance in the stock's returns that is unrelated to the overall stock market group of answer choices

Iceberg storage, a leading hard drive manufacturer, recently filed for bankruptcy. while most of iceberg's competitors were shifting away from physical data storage devices toward online cloud storage services, iceberg invested most of its retained earnings in the effort to improve its hard drives. once the hard-drive market drastically declined, iceberg storage was unable to capitalize on the new technology. which of the following does this scenario best illustrate a. causal ambiguity b. knowledge diffusion c. social complexity d. path dependence