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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 +1. What does this mean?
A.The portfolio exhibits too much business specific risk.
B.The portfolio exhibits systematic risk.
C.The portfolio is undiversified.
D.The portfolio will return less than the market.
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