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You can invest in a risk-free asset that yields 3.6% and a market portfolio that yields 8.1%. The market portfolio has a standard deviation of
You can invest in a risk-free asset that yields 3.6% and a market portfolio that yields 8.1%. The market portfolio has a standard deviation of 9%. If you are willing to take on a risk level of 9.3%, according to the Capital Market Line, how much can you expect to return on your portfolio? Submit your answer as a percentage and round to two decimal places.
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