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Use the capital allocation line (CAL) equation to calculate the optimal portfolio given the following data: the risk-free rate is 3.2%, the risky portfolio has

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Use the "capital allocation line" (CAL) equation to calculate the optimal portfolio given the following data: the risk-free rate is 3.2%, the risky portfolio has an expected return of 9.7% with a volatility of 29%, and the risk- aversion index value for a defensive investor is A = +4.5

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