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A portfolio with a beta of 1.06 is 106% more risky than the overall market. has less risk than the lowest risk security held within

A portfolio with a beta of 1.06
is 106% more risky than the overall market.
has less risk than the lowest risk security held within that portfolio.
is 6% more risky than a risk-free asset.
is slightly more risky than the overall mar

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