Company X has a higher required return than Company Y, but Company X has a lower standard deviation of returns than Company Y. Given this information, which of the following statements is CORRECT?
a. Company X has less market risk than Company Y.
b. Company X has more company-specific risk than Company Y.
c. Company X has a higher correlation with the market than Company Y.
d. Company X’s stock is a better buy than Company Y’s stock.