
Explanation:
Based on the options provided, EUR 38.86 million appears to be the correct answer for the sum of risk budgets allocated to four asset classes. This represents the total risk budget that should be allocated across the asset classes in a risk budgeting framework, which is a key concept in portfolio risk management where risk is allocated proportionally to expected returns or other risk-adjusted metrics.
What is the sum of the risk budgets that should be allocated to the four asset classes?
A
EUR 11.64 million
B
EUR 22.12 million
C
EUR 38.86 million
D
EUR 100.0 million
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