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Your degree of risk aversion (A) is 2.3. The risky portfolio's expected return is 13.8%, while the riskfree rate is 0.7%. The risky portfolio has

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Your degree of risk aversion (A) is 2.3. The risky portfolio's expected return is 13.8%, while the riskfree rate is 0.7%. The risky portfolio has a volatility of 18%. You won $7,000 at the lottery and you want to invest the whole amount. How much should you invest in the risky portfolio if you want to respect your degree of risk aversion? \{Enter your answer in dollars with 2 decimals, but do not use the "\$".\}

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