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Tommy constructs a complete portfolio from Treasury bills that pay 4 % and a risky portfolio A H . AH is composed of two risky

Tommy constructs a complete portfolio from Treasury bills that pay 4% and a risky portfolio AH. AH is
composed of two risky securities,40% from Amy and 60% from Hyunhu. Amy has an expected rate of return of
16%, and Hyunhu has an expected rate of return of 12%. Tommy's complete portfolio has an expected return of
10%. In his complete portfolio, how much (in %) is invested in Hyunhu?
.3750
13.6%
12%
.6250
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