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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 7 percent.

Required:
(a)

If your goal is to create a portfolio with an expected return of 11.3 percent, how much money will you invest in Stock X?

(Click to select)$6,450$5,836$16,143$6,389$6,143

(b)

If your goal is to create a portfolio with an expected return of 11.3 percent, how much money will you invest in Stock Y?

(Click to select)$4,050$3,703$3,664$4,011$3,857

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