You are considering investing $1,000 in a complete portfolio. the complete portfolio is composed of treasury bills that pay 5% and a risky portfolio, p, constructed with two risky securities, x and y. the optimal weights of x and y in p are 60% and 40%, respectively. x has an expected rate of return of 14%, and y has an expected rate of return of 10%. to form a complete portfolio with an expected rate of return of 11%, you should invest of your complete portfolio in treasury bills.

First we must calculate the expected return of the P portfolio: 0,60 x 0,14 + 0,40 x 0,10 =  0,124 = 12,4%.

The weight of the T banknotes in the total portfolio will be equal to the total weight less, the portfolio P. If the weight of the portfolio p is "w"

T = 1 - w

The expected return of the entire portfolio must be 11%

0.11 = w x 0.124 + (1 - w) x 0.05

w = 0,81.

Then, the amount invested in the Portfolio P = 0.81 * $ 1000 = $ 810

Then, the amount invested in banknotes T = 0.19% of $ 1000 = $ 190

you should invest 19% of your complete portfolio in Treasury bills

answer; i believe the correct answer is (treasury bills);

c

explanation:

c because the item on a bank statement is also referred to as an account statement. in addition, it provides the beginning balance, ending balance, statement date, transaction date for each transaction, payee, customer name and address, statement period, the account holder's account number, and the bank's customer service number