1. An investor can design a risky portfolio based on two stocks, A and B. Stock A has an expected return of 45% and a standard deviation of return of 9%. Stock B has an expected return of 15% and a standard deviation of return of 2%.The correlation coefficient between the returns of A and B is 0.0025. The risk-free rate of return is 2%. The proportion of the optimal risky portfolio that should be invested in stock A is _________.
2. Consolidated financial statements are:
a financial statement combining all months of the year
a summary of the four financial statements
the financial statements of the parent corporation combined with those of its subsidiaries.
the four financial statements combined into a single document