You have $15,000 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 6 percent.

Required:

(a)	If your goal is to create a portfolio with an expected return of 11.3 percent, how much money will you invest in Stock X?

(b)	If your goal is to create a portfolio with an expected return of 11.3 percent, how much money will you invest in Stock Y?