An investor has the utility function listed in problem 3 and is considering investing in a risky asset with an expected return of 11% and a standard

An investor has the utility function listed in problem 3 and is considering investing in a risky asset with an expected return of 11% and a standard deviation of 32% and a Treasury bill with a rate of return of 2.75%.  If the investor’s coefficient of risk aversion constant A is 2.50, what is their optimal portfolio weight to invest in the risky asset? Enter your answer rounded to two decimal places.  Do not enter % in the answer box.  For example, if your answer is 0.12345 or 12.345% then enter as 12.35 in the answer box.