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Berger Paints stock has an expected return of 10.5% and a of 1.45. Mr. Manzoor invested $145,000 in a portfolio that includes stocks of Berger

Berger Paints stock has an expected return of 10.5% and a of 1.45. Mr. Manzoor invested $145,000 in a portfolio that includes stocks of Berger Paints and SPL only. The of SPL stocks is 0.85. The expected return on Mr. Manzoors portfolio is 8.75%. The risk free rate is 3.5%. How much money did he invest in Berger Paints stocks?

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