16.

The following A and B risk assets exist in the market (assume no other risk assets exist):

There is a risk-free asset, and the return on that asset is 5%.

The following A and B risk assets exist in the market (assume no other risk assets exist):

There is a risk-free asset, and the return on that asset is 5%.

Stock	market value	E(R)	breakup	A,B Covariance
A	110million won	37%	0.25	0.018
B	90million won	23%	0.16	0.018

Suppose that the standard deviation of an efficient portfolio of risk-free assets + risk asset portfolios is 40%. What if we get the expected return on this portfolio?

Mark up to the first decimal place in % units.

17.

The following A and B risk assets exist in the market (assume no other risk assets exist):

There is a risk-free asset, and the return on that asset is 5%.

The following A and B risk assets exist in the market (assume no other risk assets exist):

There is a risk-free asset, and the return on that asset is 5%.

Stock	market value	E(R)	breakup	A,B Covariance
A	110million won	37%	0.25	0.018
B	90million won	23%	0.16	0.018

Suppose that the expected return on an efficient portfolio of risk-free assets + risk asset portfolios is 37%.

What if we get the covariance of this portfolio and the portfolio of markets?

In % units, mark up to the second decimal place.

18.

The following A and B risk assets exist in the market (assume no other risk assets exist):

There is a risk-free asset, and the return on that asset is 5%.

The following A and B risk assets exist in the market (assume no other risk assets exist):

There is a risk-free asset, and the return on that asset is 5%.

Stock	market value	E(R)	breakup	A,B Covariance
A	110million won	37%	0.25	0.018
B	90million won	23%	0.16	0.018

Suppose that the expected return on an efficient portfolio of risk-free assets + risk asset portfolios is 37%.

What if we get a correlation between this portfolio and the market portfolio?

In % units, mark up to the second decimal place.

19.

The following A and B risk assets exist in the market (assume no other risk assets exist):

There is a risk-free asset, and the return on that asset is 5%.

The following A and B risk assets exist in the market (assume no other risk assets exist):

There is a risk-free asset, and the return on that asset is 5%.

Stock	market value	E(R)	breakup	A,B Covariance
A	110million won	37%	0.25	0.018
B	90million won	23%	0.16	0.018

Suppose that the standard deviation of an efficient portfolio of risk-free assets + risk asset portfolios is 40%.

What if we get the covariance between this portfolio and risk-free assets?

Mark up to the first decimal place in % units.

20.

Portfolio	1	2	3	4	5
Expected rate of return	17.50%	21.10%	25.00%	28.75%	32.50%
Standard deviation	9.49%	11.62%	14.83%	18.37%	22.14%

The above portfolios are efficient portfolios consisting only of risky assets.

There are risk-free assets in the market, and the return on risk-free assets is 10%.

What is Tangent Portfolio among the five?

A.1

B.2

C.3

D.4

E.5

Please write down the steps for each topic. Thank you very much.