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5. Minimum Required Return Your investment portfolio is currently valued at $100,000. The current Rf= 2.00%. The expected return of your portfolio is 7.50%. Your portfolio's standard deviation is 19.00%. Sharpe Ratio (SR) of existing portfolio is 0.2895 (you can confirm this). You are considering selling $30,000 of your portfolio and investing $30,000 in a private equity fund. The standard deviation of the private equity fund is 32.00%. The private equity fund's returns are correlated +0.23 with your current portfolio. A. What is the minimum required return on the fund? 6.6362% Wealth 100,000 6.6362% R[min req] Stdev[Ri] Rf 2.00% 32.00% Corr[Ri,Rp] 0.23 E[Rp] 7.50% E[R new] 7.2409% Stdev[Rp] 19.00% Var[R new] 0.0328 SR(old) 0.2895 Stdev[R new] 18.10% SR[new] 0.2895 Investment 30,000 w(old) 0.7000 Change in SR 0.0000 w(new) 0.3000