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Toby has his entire retirement account invested in shares of Hoboken Inc. Currently his portfolio has a beta of 1.0 and an expected return of

Toby has his entire retirement account invested in shares of Hoboken Inc. Currently his portfolio has a beta of 1.0 and an expected return of 12% per year. If Toby reallocates half of his portfolio into shares of Bronzier Corp, which has significantly more systematic risk, what is most likely to happen to his overall portfolio risk and return?

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