Consider the following as inputs: The risk-free asset returns 8% Asset 1 has an expected return of 13% Asset 2 has an expected return of 24% Asset 1 has a standard deviation of returns of 14% Asset 2 has a standard deviation of returns of 28% Asset 1 and 2 have a covariance of 0.0196 Your client has a risk aversion, A, of 9

You believe that utility can be measured with the formula on the attached formula sheet and your client is a Markowitz investor Provide your client with a full solution to her asset allocation problem including all the relevant information.