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The optimal risky portfolio is composed of 25.00% in and equity ETF and the rest in a bonds ETF. The optimal complete portfolio for an

The optimal risky portfolio is composed of 25.00% in and equity ETF and the rest in a bonds ETF. The optimal complete portfolio for an investor with a risk aversion of 12 requires that 25.00% of the investor's wealth is invested in TBills. How many shares of the bond ETF does the investor need to purchase, given her wealth is $22,900?

The equity ETF sells for $11.00 per share while the bond ETF sells for $37.50 per share.

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