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Lucy invests $5,000 in a complete portfolio. The complete portfolio is composed of a risky asset with an expected rate of return of 17% and

Lucy invests $5,000 in a complete portfolio. The complete portfolio is composed of a risky asset with an expected rate of return of 17% and a standard deviation of 32% and a Treasury bill with a rate of return of 3%. How much should Lucy invest in the risky portfolio if Lucy wants her complete portfolio to have an expected return of 12.8%? A. $4,571 B. $3,765 OC. $3,500 D. $3,200

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