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You are given the following information from your boss: Stock Bond E(r.) - Port Stan. Dev. Sharpe Ratio 100% 0% 8.00% 15.00% 0.400 80% 20%

You are given the following information from your boss:

Stock Bond E(r.) - Port Stan. Dev. Sharpe Ratio
100% 0% 8.00% 15.00% 0.400
80% 20% 7.20% 12.70% 0.409
60% 40% 6.40% 11.01% 0.399
40% 60% 5.60% 10.25% 0.351
20% 80% 4.80% 10.62% 0.264
0% 100% 4.00% 12.00% 0.167
Min Var. 36.36% 63.64% 5.45% 10.23% 0.338
Optimal 77.2% 22.8% 7.09% 12.42% 0.410

The information was calculated assuming a 2% risk free rate and a 0.20 correlation co-efficient.

Assume your client would like to earn 6% on her money. What will the weighting of the bonds in your clients 6% returning portfolio? Answer in percentages with 1 decimal point.

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