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The optimal proportion of the risky asset in the complete portfolio is given by the equation below y=Ap2E(RpRf) For each of the variables on the

image text in transcribed The optimal proportion of the risky asset in the complete portfolio is given by the equation below y=Ap2E(RpRf) For each of the variables on the right side of the equation, discuss the impact of the variable's effect on y and why the nature of the relationship makes sense intuitively. Assume the investor is risk averse

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