Question: Using the information from problem 4, the investor decides that the optimal weight to invest in the risky asset y* calculated in problem 4 seems
Using the information from problem 4, the investor decides that the optimal weight to invest in the risky asset y* calculated in problem 4 seems too low, and so the investor decides to invest a higher percent of the complete portfolio, namely 90%, in the risky asset to raise both the risk and the expected return for the complete portfolio. What is the expected return for the non-optimal complete portfolio with this increased level of risk? Enter your answer rounded to two decimal places. Do not enter % in the answer box. For example, if your answer is 0.12345 or 12.345% then enter as 12.35 in the answer box.
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