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[Do this only if you want a challenge.) A portfolio consists of two stocks, A and B. You are given: A B Expected return 0.12

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[Do this only if you want a challenge.) A portfolio consists of two stocks, A and B. You are given: A B Expected return 0.12 0.10 Volatility 0.20 0.15 The two stocks are uncorrelated. The annual effective risk-free interest rate is 0.05. Determine the proportion of the tangent portfolio invested in A

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