2) Assume you have an optimal risky portfolio, P, with an average return of 12% and a standard deviation of 24%. If the risk free rate is 3% and you are presented with an investor whose utility is defined by U = E(re)- .5Aoc Determine the optimal combined portfolio weights for the risky portfolio and risk free asset if you maximize the investor's utility subject to available portfolio combinations and the investor has a level of risk aversion given by A-6. What is the optimal utility level, combined portfolio return and combined portfolio risk?

2) Assume you have an optimal risky portfolio, P, with an average return of 12% and a standard deviation of 24%. If the risk free rate is 3% and you are presented with an investor whose utility is defined by asset if you maximize the investor's utility subject to available portfolio combinations and the investor has a level of risk aversion given by A=6. What is the optimal utility level, combined portfolio return and combined portfolio risk