Question
You have $150,000 to invest in a portfolio containing Stock X and Stock Y . Your goal is to create a portfolio that has an
You have $150,000 to invest in a portfolio containing Stock X and Stock Y. Your goal is to create a portfolio that has an expected return of 14.1 percent. Stock X has an expected return of 12.93 percent and a beta of 1.42, and Stock Y has an expected return of 8.51 percent and a beta of .74. |
How much money will you invest in Stock Y? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) |
What is the beta of your portfolio? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
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