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Please solve the following using Microsoft Excel You have $10,000 to invest in a stock portfolio. Your choices are stock X with39)an expected return of
Please solve the following using Microsoft Excel
You have $10,000 to invest in a stock portfolio. Your choices are stock X with39)an expected return of 13 percent and stock Y with an expected return of 8 percent. Your goal is to make a portfolio with an expected return of 12.4 percent. All money must be invested. How much will you invest in stock X?
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