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A portfolio comprises one risky asset and one risk-free asset. The risky asset has an expected return of 15.3 percent and a beta of 1.56.
A portfolio comprises one risky asset and one risk-free asset. The risky asset has an expected return of 15.3 percent and a beta of 1.56. The risk-free asset has an expected return of 5.2 percent. How much of the portfolio is invested in the risk-free asset if the portfolio beta is 1.18
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