You have $114,000 to invest in a portfolio containing Stock X and Stock Y. Your goal is to create a portfolio that has an expected return of 15.8 percent. Stock X has an expected return of 13.6 percent and a beta of 1.22, and Stock Y has an expected return of 8.1 percent and a beta of 0.02.

How much money will you invest in stock Y? (Negative amount should be indicated by a minus sign.)

Investment in Stock Y

$

What is the beta of your portfolio?