Question: Asset A's return is not expected to conform to the CAPM with a reward-to-risk ratio, ( frac{alpha}{sigma_{epsilon}^{2}} ), of 0.1432 and a beta of 1.08.

Asset A's return is not expected to conform to the CAPM with a reward-to-risk ratio, \\( \\frac{\\alpha}{\\sigma_{\\epsilon}^{2}} \\), of 0.1432 and a beta of 1.08. The market has a reward-to-risk ratio, \\( \\frac{E\\left[R_{M}\ ight]}{\\sigma_{M}^{2}} \\), of 0.4109 . What is the weight of the investment in asset \\( \\mathrm{A} \\) in the optimal risky portfolio \\( P^{*} \\) ? Report your answer as a decimal to four decimal places
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