A stock has a beta of 1.08 and an expected return of 12.02%. A risk-free asset has a return of 5% (this is the risk-free interest rate). You want to use the stock and the risk-free asset to form a portfolio that is equally as risky as the market portfolio. What is the portfolios weight in the risk-free asset?

Group of answer choices

100 percent

86.25 percent

92.59 percent

7.41 percent