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5 Suppose that you have $ 1 million and the following 2 opportunities from which to construct a portfolio: a ) Risk free asset earning

5 Suppose that you have $1 million and the following 2 opportunities from which to construct a portfolio:
a) Risk free asset earning 9% pa.
b) Risky asset with expected return of 30% pa and standard deviation of 40% If you construct a portfolio with a standard deviation of 25%, what is the expected rate of return?
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