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The answer I have written in the box is wrong. someone please help! You have $116,000 to invest in a portfolio containing Stock X, Stock

image text in transcribedThe answer I have written in the box is wrong. someone please help!

You have $116,000 to invest in a portfolio containing Stock X, Stock Y, and a risk-free asset. You must invest all of your money. Your goal is to create a portfolio that has an expected return of 11 percent and that has only 60 percent of the risk of the overall market. If X has an expected return of 28 percent and a beta of 1.8, Y has an expected return of 18 percent and a beta of 1.1, and the risk-free rate is 7 percent, how much money will you invest in Stock Y? (Do not round intermediate calculations. Round your answer to the nearest whole dollar.) Investment in Y $ 62,924

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