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When constructing a two stock portfolio based on the information provided below. What dollar amount will you invest in each stock to achieve the desired

When constructing a two stock portfolio based on the information provided below.

What dollar amount will you invest in each stock to achieve the desired return goal?

Expected Return:

Stock X14.0%

Stock Y9.0%

Goal Return of Portfolio:12.90%

Dollar Amount to Invest:$20,000

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