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You have $130,000 to invest in a portfolio containing Stock X and Stock Y. Your goal is to create a portfolio that has an expected

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You have $130,000 to invest in a portfolio containing Stock X and Stock Y. Your goal is to create a portfolio that has an expected return of 14.6 percent. Stock X has an expected return of 12.8 percent and a beta of 1.30, and Stock Y has an expected return of 7.8 percent and a beta of 1.05. How much money will you invest in stock Y? (Do not round intermediate calculations. A negative amount should be indicated by a minus sign.) Investment in Stock Y $ What is the beta of your portfolio? (Do not round intermediate calculations. Round your answer to 3 decimal places, e.g., 32.161.) Beta of the portfolio

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