Question No 3: [6 Marks) a. An individual has wealth of $500000. He initially invests in cash and bonds where the return on cash is 15% and return on bonds is 20%. State the dollar value of his investments if he creates a portfolio of 35% return. [4 Marks) b. Now assume that property is also available at a return of 35%. What will be his allocation in dollar terms to get a 35% portfolio return? [2 marks]