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You have $15,000 to invest in a stock portfolio. Your choices are Stock X with an expected return of 14 percent and Stock Y with
You have $15,000 to invest in a stock portfolio. Your choices are Stock X with an expected return of 14 percent and Stock Y with an expected return of 8 percent. |
Required: |
(a) | If your goal is to create a portfolio with an expected return of 11.4 percent, how much money will you invest in Stock X? |
(Click to select) $8,500 $28,500 $8,840 $8,925 $8,075 |
(b) | If your goal is to create a portfolio with an expected return of 11.4 percent, how much money will you invest in Stock Y? |
(Click to select) $6,175 $6,760 $6,240 $6,500 $6,825 |
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