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You have $10,000 to invest in a stock portfolio. Your choices are Stock X with an expected return of 14 percent and Stock Y with

You have $10,000 to invest in a stock portfolio. Your choices are Stock X with an expected return of 14 percent and Stock Y with an expected return of 9 percent.

Required:
(a)

If your goal is to create a portfolio with an expected return of 11.2 percent, how much money will you invest in Stock X?

(Click to select)$4,620$4,576$4,400$22,400$4,180

(b)

If your goal is to create a portfolio with an expected return of 11.2 percent, how much money will you invest in Stock Y?

(Click to select)$5,376$5,320$5,880$5,824$5,600

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