Question
You invest a total of $15,000 in 2 assets: CAT Inc. with an expected rate of return of 12% and a standard deviation of 15%;
You invest a total of $15,000 in 2 assets: CAT Inc. with an expected rate of return of 12% and a standard deviation of 15%; and a T-bill with a rate of return of 4%. How much must be invested in CAT and the T-bill, respectively, to form a portfolio with an expected return of 10%?
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Statistics For Business And Economics
Authors: Paul Newbold, William Carlson, Betty Thorne
8th Edition
0132745658, 978-0132745659
