QUESTION 8 You have $500,000 available to invest in a portfolio of a risky mutual...

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QUESTION 8 You have $500,000 available to invest in a portfolio of a risky mutual fund SPDR and a risk-free money market fund TBILL. The TBILL rate and your borrowing rate are both 5%. The expected return on SPDR is 15%. What should you do to earn an expected return of 12%? A. Invest $350,000 in TBILL. B. Borrow $350,000 in TBILL. C. Invest $150,000 in TBILL. O D. Borrow $150,000 in TBILL

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