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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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