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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 9.5 percent. If your goal is to create a portfolio with an expected return of 12.02 percent, how much money will you invest in Stock X and Stock Y? |
Amount invested | |
Stock X | $ |
Stock Y | $ |
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