Question
8. You have $18,000 to invest in a stock portfolio. Your choices are Stock X with an expected return of 16 percent and Stock Y
8.
| You have $18,000 to invest in a stock portfolio. Your choices are Stock X with an expected return of 16 percent and Stock Y with an expected return of 11 percent. Assume your goal is to create a portfolio with an expected return of 12.10 percent. |
| Required: |
| How much money will you invest in Stock X and StockY?(Do not round intermediate calculations.Round your answers to 2 decimal places(e.g., 32.16).) |
| Investment in Stock X | $ |
| Investment in Stock Y | $ |
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Real Estate Finance and Investments
Authors: William Brueggeman, Jeffrey Fisher
14th edition
73377333, 73377339, 978-0073377339
