Consider the following historic information on the? market, the? risk-free rate? (T-Bills) and two mutual? funds, Templeton and Fidelity.

	Templeton	Fidelity	Market	?T-Bills
Average Return	8.72 %8.72%	5.96 %5.96%	9.61 %9.61%	3.90 %3.90%
Beta	1.301.30	0.500.50	1	0

Assume that you invested in a two asset portfolio comprising the market portfolio and? T-bills over the same period as covered in the table. Your portfolio beta was exactly the same as? Fidelity's beta. What was the portfolio weight on the market in your? portfolio?

The portfolio weight on the market in your portfolio was ___