You recently picked up 5 stocks and drew a curve with Returns as Y axis and Risk as X axis -- this curve represents the various opportunity sets in terms of risk-reward for you when you allocate your money to these 5 assets. The risk free borrowing/lending rate is 6%. You then drew a CAL in the same graph and it is tangential to the curve at a point where the reward is 14% and risk is 18%. a. If you have a risk taking capacity where you can go upto 30% risk, how much maximum can you expectedly earn? (2 marks) b. Suppose an investor has a utility of 6%. At what risk aversion would the investor invest in the portfolio from part (a) (2 marks)