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: $20,000

A) X = $13,600; Y = $6,400

B) X = $4,400; Y = $15,600

C) X = $15,600; Y = $4,400