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The addition of a risk security with higher beta to a fully diversified portfolio: Question options: 1) must increase the portfolio beta. 2) may or

The addition of a risk security with higher beta to a fully diversified portfolio: Question options: 1) must increase the portfolio beta. 2) may or may not affect the portfolio beta. 3) will have no effect on the portfolio beta or its expected return. 4) must decrease the portfolio's expected return.

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