Suppose you manage a mutual fund that has an expected return of 15% with a standard deviation of 30% for the coming year. One of your clients is thinking about investing his $100,000 in your fund and a money market fund, which generates 3% riskless return.

If your client wants his overall portfolio to have an expected return of 10.2%, how much should he invest in your fund?

Group of answer choices

$40,000

$60,000

$50,000

$20,000