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You have $11,000 to invest in a stock portfolio. Your choices are Stock X with an expected return of 13 percent and Stock Y with

You have $11,000 to invest in a stock portfolio. Your choices are Stock X with an expected return of 13 percent and Stock Y with an expected return of 11 percent. Assume your goal is to create a portfolio with an expected return of 12.25 percent. How much money will you invest in Stock X and Stock Y? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)

Investment in Stock X:

Investment in Stock Y:

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