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Suppose the optimal risky portfolio has an expected return of 13.25% and stand deviation of $24.57%. Mr. Smith wants an efficient portfolio with expected return

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Suppose the optimal risky portfolio has an expected return of 13.25% and stand deviation of $24.57%. Mr. Smith wants an efficient portfolio with expected return of 12%. If the optimal risky portfolio is consisted of 70.75% in stocks and 29.25% in bonds, what is the proportion of Mr. Smith's portfolio invested in the stock fund? The risk-free rate is 5.5%

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