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a)The share market is currently returning 12% per annum, while the risk-free asset is returning 4% per annum.Horace Hanley wishes to earn a return of

a)The share market is currently returning 12% per annum, while the risk-free asset is returning 4% per annum.Horace Hanley wishes to earn a return of 9%. What weight should Horace hold in the risk-free asset?

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