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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: 10.00%
Dollar Amount to Invest: $20,000
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