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Assume that asset A has an expected return of 6% and a standard deviation of 33%. The risk-free rate is 2%. Your client's target standard

Assume that asset A has an expected return of 6% and a standard deviation of 33%. The risk-free rate is 2%. Your client's target standard deviation is 27%. What is the weight of the asset that is required to form a portfolio with this target standard deviation (using the asset and the risk-free investment). Provide your answer as a percentage and round to two decimal places. Assume the client can only hold long positions in the risky asset.

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