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You decide to invest 5 0 , 0 0 0 in a risky and risk - free combined portfolio. The risky asset with an expected
You decide to invest in a risky and riskfree combined portfolio. The risky asset with an expected rate of return of and standard deviation of The riskfree Tbill with a rate of return of Assume you are average risk aversion coefficient The optimal complete portfolio should invest
in risky asset.
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