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Asset A and B have expected returns of 5% and 3% per year respectively. Their annual volatilities are both 20% and the correlation coefficient between

Asset A and B have expected returns of 5% and 3% per year respectively. Their annual volatilities are both 20% and the correlation coefficient between the returns of assets A and B is 30%. The risk free rate is 1% per year. Find the approximate weight of Asset A in a portfolio with the maximum Sharpe ratio (the optimal risky portfolio)

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