Capitial Investment hired a new analyst Jack Lee to evaluate a portfolio consisting of two stocks, Meta Platforms Inc (FB) and Walmart Inc (WMT). After exercising due diligence, Jack forecasts FB stock has an expected return of 15% and standard deviation of 25%, while WMT stock has an expected return of 10% and standard deviation of 20%. The correlation coefficient between stock returns of FB and WMT is 0.4 and risk-free rate is 3%. Jack is asked to design a optimal portfolio based on the above forecast. After obtaining the optimal portfolio, Jack is asked to form a complete portfolio using this optimal portfolio and risk-free asset, with 80% in the risky optimal portfolio and 20% in risk-free asset. If this investor invests $100,000 in this complete portfolio, how much is he investing in WMT stock? $50,605 O $29,395 $27.295 $52,705