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You have $10,000 to invest in a stock portfolio. Your choices are Stock X with an expected return of 12.4 percent and Stock Y

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You have $10,000 to invest in a stock portfolio. Your choices are Stock X with an expected return of 12.4 percent and Stock Y with an expected return of 10.1 percent. If your goal is to create a portfolio with an expected return of 10.85 percent, how much money will you invest in Stock X? In Stock Y? Input area: Portfolio value Stock X E(R) Stock Y E(R) $10,000 12.40% 10.10% 10.85% Portfolio E(R) (Use cells A6 to B9 from the given information to complete this question.) Output area: Weight of Stock X Weight of Stock Y Dollar in Stock X Dollars in Stock Y 1.0000

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