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Question 14 gpt You are considering investing $150,000 in a T-bill that pays 3% and a risky portfolio, P. constructed with two risky securities, A
Question 14 gpt You are considering investing $150,000 in a T-bill that pays 3% and a risky portfolio, P. constructed with two risky securities, A and B. The weights of A and B in P are 50% and 50%, respectively. A has an expected rate of return of 10% and variance of 14%, and B has an expected rate of return of 6% and a variance of 10%. What would be the dollar value of your position in asset A if you decide to hold a portfolio that has an expected return of 6%? (Do not round intermediate calculations. Round your final answer up to two decimal places, if necessary, without the $ symbol, e.g., $10.35 should be entered as 10.35)
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