You observe the following information regarding Companies X and Y: • Company X has a higher expected return than Company Y. • Company X has a lower standard deviation of returns than Company Y. • Company X has a higher beta than Company Y. Given the information, which of the following statements is CORRECT? A. Company X has less firm-specific risk than Company Y. B. Company X has a higher coefficient of variation than Company Y. C. Company X has less market risk than Company Y. D. Company X's returns will be negative when Y's returns are positive.