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Question 11 4 pts Assume you manage a risky fund with an expected rate of return of 20% and a standard deviation of 32%. The

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Question 11 4 pts Assume you manage a risky fund with an expected rate of return of 20% and a standard deviation of 32%. The T-bill rate is 4% Your client wishes to invest in your risky fund a proportion y of total assets so that his portfolio has an expected return of 17%. What is the proportion (y) in your risky fund would create such a portfolio? (Type your answer as a percent, e.g.10.50" for 10.5%)

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