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Your complete portfolio is composed a position in a risky portfolio and a position in a Treasury bill. The risky portfolio has an expected rate
Your complete portfolio is composed a position in a risky portfolio and a position in a Treasury bill. The risky portfolio has an expected rate of return of 22% and a standard deviation of 21%. The Treasury bill has a rate of return of 2%. ____% of your complete portfolio should be invested in the risky portfolio if you want your complete portfolio to have a rate of return of 19%.
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