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You are constructing a two stock portfolio based on the information provided below. What dollar amount will you invest in each stock to achieve the
You are 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? Stock X Stock Y Expected Return 14.0% 9.0% Goal Return of Portfolio: 12.90% Dollar Amount to Invest: $10,000
A) X = $7,800; Y = $2,200 |
B) X = $2,200; Y = $7,800 |
C) | X = $6,800; Y = $3,200 |
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