Would the tangency portfolio invest in more or less h if


1. Would the tangency portfolio invest in more or less H if the risk-free rate were 3% instead of 4%? (Hint: Think visually.)

2. An asset has an annual mean of 12% and standard deviation of 30% per year. What would you expect its monthly mean and standard deviation to be?

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Financial Management: Would the tangency portfolio invest in more or less h if
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