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show steps manualy not on excel [CLO-4) You are considering investing $1,000 in a T-bill that pays 0.06 and a risky portfolio, P, constructed with

show steps manualy not on excel
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[CLO-4) You are considering investing $1,000 in a T-bill that pays 0.06 and a risky portfolio, P, constructed with two risky securities, X and Y. The weights of X and Y in P are 0.40 and 0.60, respectively. X has an expected rate of return of 0.14 and variance of 0.01, and Y has an expected rate of return of 0.10 and a variance of 0.0081. If you want to form a portfolio with an expected rate of return of 0.11, what percentages of your money must you invest in the T-bill and P, respectively

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