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