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You have $ 1 5 0 , 0 0 0 to invest in a portfolio containing Stock X and Stock Y . Your goal is

You have $150,000 to invest in a portfolio containing Stock X and Stock Y. Your goal is to create a portfolio that has an expected return of 13.45 percent. Stock X has an expected return of 12.06 percent and a beta of 1.46, and Stock Y has an expected return of 8.22 percent and a beta of .82.
a.
How much money will you invest in Stock Y?(A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.)
b. What is the beta of your portfolio? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.)

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