Hi,

I'm looking for help with the question below:

You have $9000 to invest in a stock portfolio. Your choices are Stock X with an expected return of 15 percent and Stock Y with an expected return of 11 percent. your goal is to have a portfolio with an expected return of 13.5 percent.

a) how much money should you invest in Stock X? $______

b) how much money should you invest in Stock Y? $______

Please provide clear solutions and answers to the problems above.

Thank you