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You decide to invest 5 0 , 0 0 0 in a risky and risk - free combined portfolio. The risky asset with an expected

You decide to invest 50,000 in a risky and risk-free combined portfolio. The risky asset with an expected rate of return of 11% and standard deviation of 21%. The risk-free T-bill with a rate of return of 4.5%. Assume you are average risk aversion (coefficient A=3). The optimal complete portfolio should invest
in risky asset.
5000
24550
25450
45000
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