The optimal risky portfolio has a Sharpe ratio of 0.8 and a standard deviation of 20%. The minimum variance portfolio in the market has a standard deviation of 15% and an expected return of 12%. The risk-free rate is 1%. Alex is close to her retirement and willing to take on a low level of risk, with a maximum standard deviation of 10%. With an initial investment of $50,000, the maximum value her portfolio can achieve in one year's time is: $ x. (assume all returns are quoted on annual basis.) Answer must be entered with 2 decimal places, e.g. 6 as 6.00; 32.346 as 32.35.

The optimal risky portfolio has a Sharpe ratio of 0.8 and a standarcl deviation of 20%. The minimum variance portfolio in the market has a standard deviation of 15% and an expected return of 12%. The risk-free rate is 1%. Alex is close to her retirement and willing to take on a low level of risk, with a maximum standard deviation of 10%. With an initial investment of $50,000, the maximum value her portfolio can achieve in one year's time is: $ x . (assume all returns are quoted on annual basis.) Answer must be entered with 2 decimal places, e.g. 6 as 6.00;32.346 as 32.35