Answer:

Step-by-step explanation:
To evaluate :

Solution:
Two negatives multiply to become a positive.
Thus, we can remove parenthesis by reversing the signs of the fraction by multiplying the negative outside.
⇒ 
Since the denominators are same for both fractions, so we simply add the numerators.
⇒ 
⇒
(Answer)
Answer:
Standard deviation measures Total risk while beta measures Systematic risk.
Step-by-step explanation:
The total risk is the total variability of the portfolio and includes the systematic risk and the unique risk.
The systematic risk is measured by the beta coefficient and it considers the no diversified risk such as changes in the global market. Unique risks are the ones that result from factors specifically related to the company.