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QUESTION 13 You are given the following information concerning three portfolios, the market portfolio, and the risk-free asset: Portfolio Rp op Bp 13.0% 30% 1.30
QUESTION 13 You are given the following information concerning three portfolios, the market portfolio, and the risk-free asset: Portfolio Rp op Bp 13.0% 30% 1.30 Y 12.0 25 1.10 Z 7.0 15 0.75 Market 10.1 20 1.00 Risk-free 5.0 0 0 Assume that the correlation of returns on Portfolio Y to returns on the market is 0.6. What is the percentage of Portfolio Y's return that is driven by the market? (Enter your answer in percentage. Round your answer to 2 decimal places.)
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