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QUESTION 9 You are considering investing $1000 in a complete portfolio. The complete portfolio is composed of Treasury bills that pay 1% and a risky

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QUESTION 9 "You are considering investing $1000 in a complete portfolio. The complete portfolio is composed of Treasury bills that pay 1% and a risky portfolio, P. constructed with two risky securities, X and Y. The optimal weights of X and Y in P are 15% and 85%, respectively. X has an expected rate of return of 5%, and Y has an expected rate of return of 15%. The dollar values of your position in X would be if you decide to hold a complete portfolio that has an expected return of 12%. Note: Express your answers in strictly numerical terms. For example, if the answer is $500, write enter 500 as an

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