The table below shows selected financial data for the Turtle Income fund, the Hare Growth fund, the market portfolio and the risk free asset. If you wanted to build a portfolio out of T-Bills and the market portfolio to mimic the performance of the Turtle Income Fund, what proportion would you invest in the market portfolio?
| Turtle | Hare | Market | Risk Free |
Expected Return | 10% | 13% | 12% | 5% |
Std Dev. | 8.5% | 17.9% | 11.9% | 0% |
Beta | 0.7143 | 1.4 | 1 | 0 |
◦ 37.1%
◦ 50.0%
◦ 71.4%
◦ 105.7%
◦ 140.0%