Question
You have $10,000 to invest in a stock portfolio. Your choices are Stock X with an expected return of 16% and Stock Y with an
You have $10,000 to invest in a stock portfolio. Your choices are Stock X with an expected return of 16% and Stock Y with an expected return of 11%. If your goal is to create a portfolio with an expected return of 14.25%, how much money will you invest in stock X? In Stock Y?
| a. | X: $6,500; Y: $3,500 | |
| b. | X: $4,500; Y: $5,500 | |
| c. | X: $5,500; Y: $4,500 | |
| d. | X: $3,500; Y: $6,500 |
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Ethics In Finance
Authors: John R. Boatright
3rd Edition
1118615824, 978-1118615829
