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You allocate your wealth between the market portfolio and the risk-free asset. You have $20k of wealth and you invest $27k in the market portfolio,
You allocate your wealth between the market portfolio and the risk-free asset. You have $20k of wealth and you invest $27k in the market portfolio, what is the proportion you have invested in the risky asset?
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Financial Management Principles And Practice
Authors: Timothy Gallagher
6th Edition
1930789157, 978-1930789159
