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You have $ 1 4 0 , 0 0 0 to invest in a portfolio containing Stock X , Stock Y , and a risk

You have $140,000 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 12 percent and that has only 78 percent of the risk of the overall market. If X has an expected return of 29 percent and a beta of 1.9, Y has an expected return of 18 percent and a beta of 1.3, and the risk-free rate is 6 percent, how much money will you invest in Stock Y?(Do not round intermediate calculations. Round your answer to the nearest whole dollar.)

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