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18 Suppose that you have $100,000 and you intend to invest in a portfolio that is located on the Capital Market Line to achieve an
18 Suppose that you have $100,000 and you intend to invest in a portfolio that is located on the Capital Market Line to achieve an expected portfolio return of 9.42%. Required: Clearly state (i) whether you need to invest or short-sell, and (ii) the amount (in dollar term) that you need to invest/short-sell, in stock Y to achieve the desired portfolio with an expected return of 9.42%. You don't have to show your working. * L (2 points)
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