Inigine that we arc in 22" centtry. Alter hundreds of waves of mergers and acquisitions, there are only two listed companies in the malice': West Co. and East Co. There are only two investors (sovereignty weakh find managers), Mr. Hussein and Miss Wang, who do nvestment marwpment for ndividuals. Mr. Husscifs nvestment on risky assets is $10 baton on Stock West and $4 Hien on Stock East. Miss Wang's portfolio on risky assets is $11 billion on West and 510 billion on East. They also invest on risk-free assets by borrowing or saving. The returns of West and East are as follows:

The correbtion between two rettrns is 0.

We assume that the market is in eqwlbrium What is the slope of the capital market lit (CML) of the market? (Hint: borrowing and lending Serest rates may be different)

Expected Return% Standard Deviation % West Co. 8 5 East Co. 13 10