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As a portfolio manager, how can you design an asset allocation for $100 million, taking into account risk and return characteristics, equity vs. bond choices,
As a portfolio manager, how can you design an asset allocation for $100 million, taking into account risk and return characteristics, equity vs. bond choices, and cost of capital, especially given the historically low-interest rate environment? Please ensure that you elaborate on this question incorporating course frameworks and thoroughly explaining your decision criteria.
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