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You invest $970 in a risky asset and a T-bill. The risky asset has an expected return of 0.2 and a standard deviation of 0.36

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You invest $970 in a risky asset and a T-bill. The risky asset has an expected return of 0.2 and a standard deviation of 0.36 , 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 0.11 ? Round your answer to the nearest cent ( 2 decimal places)

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