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You have $1,000 to invest. There is a risky asset with an expected rate of return of 16% and a standard deviation of 20%, and

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You have $1,000 to invest. There is a risky asset with an expected rate of return of 16% and a standard deviation of 20%, and a risk-free asset with a rate of return of 6%. What is the fraction of the investment money that should be invested in the risky asset if you want your complete portfolio to have a standard deviation of 8%? 50% 35% 40% 45%

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