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You have $100,000 to invest in a stock portfolio comprised of three stocks. They are stock A, stock B and stock C. You have decided
You have $100,000 to invest in a stock portfolio comprised of three stocks. They are stock A, stock B and stock C. You have decided to invest 25% of your money into stock C. Stock A's expected return is 12.0%. Stock B's expected return is 6.0%. Stock C's expected return is 10.0%. Your objective is to create a portfolio with an overall expected portfolio return of 9.7%. How much money will you invest in stock A and stock B?
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