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The optimal risky portfolio constructed using the stock fund and the bond fund should be (wstock=40%,wbonds=60%). The optimal risky portfolio's expected return is 15%, and

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The optimal risky portfolio constructed using the stock fund and the bond fund should be (wstock=40%,wbonds=60%). The optimal risky portfolio's expected return is 15%, and its standard deviation is 30%. The risk-free rate is 5%. Jessica has a risk aversion level of 3 . In her optimal complete portfolio, what is the proportion of the stock fund? Round your answer to 4 decimal places. For example, if your answer is 3.205%, then please write down 0.0321

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