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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 $ to invest in a portfolio containing Stock X Stock Y and a riskfree asset. You must invest all of your money. Your goal is to create a portfolio that has an expected return of percent and that has only percent of the risk of the overall market. If X has an expected return of percent and a beta of Y has an expected return of percent and a beta of and the riskfree rate is percent, how much money will you invest in Stock YDo not round intermediate calculations. Round your answer to the nearest whole dollar.
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