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QUESTION 15 Investment Trading Corp. (ITC) uses the capital market line to make asset allocation recommendations. ITC derives the following forecasts Expected return on the

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QUESTION 15 Investment Trading Corp. (ITC) uses the capital market line to make asset allocation recommendations. ITC derives the following forecasts Expected return on the market portfolio: 1996. Standard deviation on the market portfolio: 19%. Risk-free rate: 296 Peter Jackson seeks ITC's advice for a portfolio asset allocation. Jackson Informs it that he wants the expected return of his portfolio to equal twice the expected return of the market portfolio. What standard deviation, expressed as a percentage (96) with two decimals, can ITC provide subject to Jackson's reward constraint? important: Express your answer as a percentage with two decimals. That is, if your answer is 0.0547 then enter 5.47

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