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Paula invests $1,000 in a complete portfolio. The complete portfolio is composed of a risky asset with an expected return of 13% and a standard

Paula invests $1,000 in a complete portfolio. The complete portfolio is composed of a risky asset with an expected return of 13% and a standard deviation of 20% and a Treasury bill with a rate of return of 5%. If Paulas goal is to construct a complete portfolio with standard deviation of 16%, how much money (in $) should she invest in the risky asset?

$800

$200

$244.40

$133.30

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