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A stock has a beta of 1.26 and an expected return of 9.0%. A risk -free asset currently earns 4.0%. What percentage of the portfolio

A stock has a beta of 1.26 and an expected return of 9.0%. A risk -free asset currently earns 4.0%. What percentage of the portfolio would be invested in the risky asset if the expected beta for the portfolio was 0.819? Report the percentage to two decimal places (.03236 = 3.24).

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