Your degree of risk aversion (A) is 4.1. The risky asset's expected return is 14.3%, while the risk-free rate is 2.5%. The risky asset has a volatility of 17%. You have $8,000 to invest. How much (in $) should you invest in the risky portfolio if you want to respect your degree of risk aversion? Hint: First find the % you should invest, then use the % to find the amount of money.
{Enter your answer in dollars with 2 decimals, but do not use the "$".}