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20. You have $500,000 available to invest. The risk-free rate as well as your borrowing rate is 8%. The return on the risky portfolio is

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20. You have $500,000 available to invest. The risk-free rate as well as your borrowing rate is 8%. The return on the risky portfolio is 16%. If you wish to earn a 22% return, you should a. invest $125,000 in the risk-free asset b. invest $375,000 in the risk-free asset c. borrow $125,000 d. borrow $375,000

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