Match the correct combination for Assertion and Reason as argued by Shapiro and Timan.
Assertion (A) Management decisions to insure or hedge asset appear at best neutral mutation.
Reason (R) The price of systematic risk is identical for all the participants in the financial market.

A. (A) is correct, but (R) is incorrect

B. (A) is incorrect, but (R) is correc

C. Both (A) and (R) are incorrect

D. Both (A) and (R) are correct

Answer: Option D