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Please show work: I will rate. You have $100,000 to invest in a stock portfolio. Your choices are stock X with an expected return of
Please show work: I will rate.
You have $100,000 to invest in a stock portfolio. Your choices are stock X with an expected return of 14% and stock Y with an expected return of 8%. Your goal is to create a portfolio with an expected return of 10.4%. How much money do you invest in stock Y?
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