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The market portfolio has an expected return of 8.6% with a volatility of 17.2% while the T-bills earn 3.9%. Your degree of risk aversion is
The market portfolio has an expected return of 8.6% with a volatility of 17.2% while the T-bills earn 3.9%. Your degree of risk aversion is 3.9. You have $50,000 to invest. How much (in $, NOT in %) will you invest in the market portfolio?
{Enter your answer in dollars with 2 decimals, but do not use the "$".}
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