Next Problem Previous Problem Problem List (1 point) My investable wealth is $5500 and I have exponential utility with a 0.001. There are two assets in which I can Invest, and the returns on those assets are normally distributed. The mean and volatility of the returns on the assets are given in the following table, and the correlation between the returns is -10% Asset i M. Expected Return on Ameti o Volatility of Return on Asset i 16% 2 26% 1 296 796 (a) Determine the allocation to the first asset that would maximize my expected utlity. Please express your answer as a percentage, to the nearest ten basis points. Utility-Maximizing Allocation = (D) Determine the allocation to the first asset that would minimize the volatility of the portfolio return. Please express your answer as a percentage, to the nearest ten basis points Variance. Minimizing Allocation 94 Note: You can earn partial credit on this problem Next Problem Previous Problem Problem List (1 point) My investable wealth is $5500 and I have exponential utility with a 0.001. There are two assets in which I can Invest, and the returns on those assets are normally distributed. The mean and volatility of the returns on the assets are given in the following table, and the correlation between the returns is -10% Asset i M. Expected Return on Ameti o Volatility of Return on Asset i 16% 2 26% 1 296 796 (a) Determine the allocation to the first asset that would maximize my expected utlity. Please express your answer as a percentage, to the nearest ten basis points. Utility-Maximizing Allocation = (D) Determine the allocation to the first asset that would minimize the volatility of the portfolio return. Please express your answer as a percentage, to the nearest ten basis points Variance. Minimizing Allocation 94 Note: You can earn partial credit on this