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You have $13,000 to invest in a stock portfolio. Your choices are Stock X with an expected return of 16 percent and Stock Y with

You have $13,000 to invest in a stock portfolio. Your choices are Stock X with an expected return of 16 percent and Stock Y with an expected return of 10 percent. Assume your goal is to create a portfolio with an expected return of 12.25 percent.

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How much money will you invest in Stock X and Stock Y? (Do not include the dollar signs ($). Round your answers to the nearest whole dollar amount (e.g., 1,234,567).)

Investment in Stock X =

Investment in Stock Y =

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