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The average beta of Adams portfolio is 1. Adams friend has suggested he should disinvest from the securities above and instead invest in the market

The average beta of Adams portfolio is 1. Adams friend has suggested he should disinvest from the securities above and instead invest in the market portfolio. Assuming that Adam takes his friends recommendation, but later decides he would like to (1) take up a riskaverse position and reduce his average beta to less than 1, and (2) increase his risk level to an average beta greater than 1, what investment advice would you offer him?

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