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Question 20 (5 points) You have $500,000 to invest in a stock portfolio. Your choices are stock X with an expected return of 14% and
Question 20 (5 points) You have $500,000 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 9%. Your goal is to create a portfolio with an expected return of 11%. How much money do you invest in stock X? $240,000 $300,000 $400,000 $360,000 $200,000
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