Intro Assume you have all your wealth (a million dollars) invested in the Vanguard 500 index fund, and that you expect to earn an annual return of 13%, with a standard deviation in returns of 25%. Since you have become more risk averse, you decide to shift $600,000 from the Vanguard 500 index fund to 10-year Treasury bonds. The T-bond rate is 2%. How much would you need to transfer if you wanted an expected return for your portfolio to be 11%? 0+ decimals Submit