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You have $10,000 to invest in a stock portfolio. Your choices are Stock X with an expected return of 15 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 15 percent and Stock Y with an expected return of 8 percent. |
Required: |
(a) | If your goal is to create a portfolio with an expected return of 11.1 percent, how much money will you invest in Stock X? |
(Click to select)$15,857$4,208$4,429$4,606$4,650 |
(b) | If your goal is to create a portfolio with an expected return of 11.1 percent, how much money will you invest in Stock Y? |
(Click to select)$5,850$5,348$5,292$5,571$5,794 |
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