a fund has a capital of $100m. it’s investment opportunity set consists of a risky asset with expected return of 8%, and risk of 16%. the fund wishes to achieve an expected return of 12%. the borrowing rate for the fund is 5% and lending rate is 3%. what allocation by the fund will achieve its target of 12% expected return?

Lester's fried chick'n purchased its building 11 years ago at a cost of $189,000. the building is currently valued at $209,000. the firm has other fixed assets that cost $56,000 and are currently valued at $32,000. to date, the firm has recorded a total of $49,000 in depreciation on the various assets it currently owns. current liabilities are $36,600 and net working capital is $18,400. what is the total book value of the firm's assets? $251,000 $241,000 $232,600 $214,400 $379,000