19. Assume CAPM holds. Portfolio X, which is properly valued, has a beta of 0.9 and a standard deviation of 20%. Treasury bills return 2%. The market portfolio has an expected return of 12% and a standard deviation of 18%. If your risk aversion parameter A is equal to 3, would you be willing to invest 100% in Portfolio X? You must show your work. Edit Format Table

19. Assume CAPM holds. Portfolio X, which is properly valued, has a beta of 0.9 and a standard deviation of 20%. Treasury bills return 2%. The market portfolio has an expected return of 12% and a standard deviation of 18%. If your risk aversion parameter A is equal to 3 , would you be willing to invest 100% in Portfolio X? You must show your work