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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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