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It must be one of the selections below to be correct. A,B, or C. You are constructing a two stock portfolio based on the information

It must be one of the selections below to be correct. A,B, or C.

You are constructing a two stock portfolio based on the information provided below. What dollar amount will you invest in each stock to achieve the desired return goal?

Stock X Stock Y Expected Return 14.0% 9.0%

Goal Return of Portfolio: 10.00%

Dollar Amount to Invest: $20,000

A.) X = $4,000; Y = $16,000

B.) X = $16,000 Y = $4,000

C.) X = $13,600; Y = $6,400

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