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Business, 12.03.2021 15:00 faithb1466

Seeking a smart investment for your funds, your goal is to invest in a portfolio of assets with the highest rate of return while minimizing the standard deviation to no more than 4.00%. You have exactly $25,000 in your savings account to invest. The portfolio of assets includes a risky stock (expected return of 10.10% and standard deviation of 7.00%) and a risk-free asset with an expected return of 2.20%. Assuming you invest your whole savings account, what dollar value of your funds do you invest in the risk-free asset

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