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You are considering investing R1 000 in a complete portfolio. The complete portfolio is composed of Treasury bills that pay 5% and a risky portfolio,

You are considering investing R1 000 in a complete portfolio. The complete portfolio is composed of Treasury bills that pay 5% and a risky portfolio, P, constructed with two risky securities, X and Y. The optimal weights of X and Y in P are 60% and 40%, respectively. X has an expected rate of return of 14%, and Y has an expected rate of return of 10%. To form a complete portfolio with an expected rate of return of 11%, you should invest __________ of your complete portfolio in Treasury bills. Group of answer choices 19.00% 36.00% 25.50% 50.00% None of these answers

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