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Suppose that you currently invested in a portfolio with an expected return of 15% and a volatility of 24%. The tangent portfolio has an expected
Suppose that you currently invested in a portfolio with an expected return of 15% and a volatility of 24%. The tangent portfolio has an expected return of 13% and a volatility of 15%. The risk-free rate of interest is 5%. If you want to maximize your expected return without increasing your volatility beyond its current 24%, the maximum expected return you could earn is closest to:
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