Asset A's return is not expected to conform to the CAPM with a reward-to-risk ratio,...
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Asset A's return is not expected to conform to the CAPM with a reward-to-risk ratio, \\( \\frac{\\alpha}{\\sigma_{c}^{2}} \\), of 0.0943 and a beta of 0.74 . The market has a reward-to-risk ratio, \\( \\frac{E\\left[R_{M}\ ight]}{\\sigma_{M}^{2}} \\), of 0.5272 . What is the weight of the investment in asset \\( A \\) in the optimal risky portfolio \\( P^{*} \\) ? Report your answer as a decimal to four decimal places
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