Alex aims to achieve an expected return of 16.40% by investing a share portfolio and a risk-free asset. The Sharpe Ratio of the share portfolio is 0.45. The standard deviation of the share portfolio is 40%. What should be the weight invested in the share portfolio if the risk-free rate is 2%?

.

50%

b.

60%

c.

90%

d.

80%

Clear my choice