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I want to know where we got the 0.01 in the formula in calculating the Optimal Position in step 13 of Chapter 17PS of the

I want to know where we got the 0.01 in the formula in calculating the Optimal Position in step 13 of Chapter 17PS of the Investment Book by Bodie, Kane, and Marcus 10th Edition.

Second, how did we calculate the 59.61% in the final position, step 14 of the same problem, same book. Thanks!

Eric

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