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Your financial adviser provided you with the following data about combinations of a Technology and a...

Your financial adviser provided you with the following data about combinations of a Technology and a Utility fund:

E(r)

σ

weight invested in Technology fund

weight invested in Utility fund

ORP

12

30

50

50

MVP

6

24

70

30

Your risk aversion coefficient is A=4 and the risk free rate is 2%.

If you have $1000, how much money do you need to invest in the Technology fund to maximize your utility?

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