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Please explain question #12. attached document with the document is provided. For problems 12-16, assume that you manage a risky portfolio with an expected rate
Please explain question #12. attached document with the document is provided.
For problems 12-16, assume that you manage a risky portfolio with an expected rate of return of 17% and a standard deviation of 27%. The T-bill rate is 7%.
12. Your client chooses to invest 70% of a portfolio in your fund and 30% in a T-bill money market fund.
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