C-1) You are allocating your total wealth of $10,000 into a risky asset and a riskfree asset

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C-1) You are allocating your total wealth of $10,000 into a risky asset and a riskfree asset. The risky asset has an expected return of 10% and a standard deviation of 15%. The riskfree rate is 3%. The borrowing rate (when you need to buy the risky asset on margin) is also 3%. a) If you want to have a standard deviation of 30%, how would you allocate your money into the two assets? (3 pts) b) What is the expected return of your portfolio in part (a)? (3 pts) c) Another investor, who also has $10,000 as his wealth, decides to buy the risky asset on margin. He borrows $5,000 at the borrowing rate to form his optimal complete portfolio. What is his risk aversion A? (4 pts) d) If the portfolio in part (a) is your optimal complete portfolio, is your risk aversion higher or lower than the answer in part (c)? (No explanations/calculations necessary. Simply state whether it is higher or lower.) (3 pts)