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Portfolio Expected Return. You have $10,000 to invest in a stock portfolio. Your choices are stock X with an expected return of 14 percent and

Portfolio Expected Return.

You have $10,000 to invest in a stock portfolio.

Your choices are stock X with an expected return of 14 percent and stock Y with an expected return of 11 percent.

If your goal is to create a portfolio with an expected return of 12.4 percent, how much money will you invest in stock X? In stock Y?

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