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You are trying to create a complete portfolio with a starting investment of $45,000. The current risk-free rate is 6.2%. You are also considering two

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You are trying to create a complete portfolio with a starting investment of $45,000. The current risk-free rate is 6.2%. You are also considering two risky investments X and Y with expected returns of 25% and 12% respectively. The optimal weight of X is 65% in the risk asset basket. If you have a target return of 20% for the entire portfolio, approximately how much money would you invest in risky asset Y? 19349 24511 15253 28326 1421

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