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A client comes to you with a portfolio of securities that he has put together. Based on your analysis the beta of the portfolio is
A client comes to you with a portfolio of securities that he has put together. Based on your analysis the beta of the portfolio is more than 1. What does this mean?
a. | The portfolio is taking less risk than the market | |
b. | The portfolio is taking as much risk as the market | |
c. | Beta doesn't tell us anything about the portfolio's level of risk | |
d. | The portfolio is taking more risk than the market |
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