What is the maximum price be willing to buy a

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Question - You want to invest 1/3 of your portfolio at the risk-free rate (3%) and the remaining 2/3 in one risky stock A. A will according to you be worth $100 in one year. A does not pay dividends. You want your portfolio to generate expected returns of 9%. What is the maximum price you'd be willing to buy A?

Reference no: EM133251822

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