Refer the table below on the average excess return of the Canadian equity market and the standard deviation of that excess return.

Suppose that the Canadian market is your risky portfolio.

Average annual return on stocks and one$-$month T$-$bills $($Standard deviation and Sharpe ratio of stocks over time$).$

a$.$ If your risk$-$aversion coefficient is $A=4$ and you believe that the entire $1957-2019$ period is representative of future expected

performance, what fraction of your portfolio should be allocated to $T-$bills and what fraction to equity? Assume your utility function is $U$

$=E(r)-0\mathrm{.}5A{}^2.($Do not round intermediate calculations. Round your answers to $2$ decimal places.$)$