Financial Economics. Please show all steps

Question 16. Consiler an nvestor maxi exected log utility deciding how much to invest in on risky asset and one risk free asset. The risky asset will have an exs return of with probability p, and an excess return of -y with probability 1-p). Compute the optimal fraction of wealth to bold in the risky asset If p = t. how much wealth do you put in the risky asset? What is the probability that the optimal portfolio gets a return ess than or equal to ero Question 16. Consiler an nvestor maxi exected log utility deciding how much to invest in on risky asset and one risk free asset. The risky asset will have an exs return of with probability p, and an excess return of -y with probability 1-p). Compute the optimal fraction of wealth to bold in the risky asset If p = t. how much wealth do you put in the risky asset? What is the probability that the optimal portfolio gets a return ess than or equal to ero