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You invest $1,004 in a risky asset and a T-bill. The risky asset has an expected return of 0.19 and a standard deviation of 0.27,
You invest $1,004 in a risky asset and a T-bill. The risky asset has an expected return of 0.19 and a standard deviation of 0.27, and the T-bill has a rate of return of 0. What dollar amount must be invested in the risk-free asset to form a portfolio with a standard deviation of 0.12? Round your answer to the nearest cent (2 decimal places)
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